Prince Harry and Meghan Markle’s dream of a glamorous new life in California is falling apart fast. After stepping down from royal duties, the couple struck a hefty Netflix deal to keep the cash flowing, but their streaming venture has hit major snags. To make matters worse, the Sussexes’ Archewell Foundation has seen a drastic drop in donations. Read on for more details!
How Harry & Meghan Blew Their $100 Million Deal?
Prince Harry and Meghan Markle signed a massive deal with Netflix after moving out. While we thought that it would lead to things looking up for them, the deal only made things worse between them and the royal family. But guess what? They messed up the deal! Their Netflix documentary, meant to spill royal secrets, didn’t quite hit the mark and didn’t bring in the expected big bucks.
During their trip to Colombia, the couple encountered a big problem with their Netflix project because the cameras recording them had no sound. It looks like Meghan wanted to be in control of the story. Now, Netflix is unhappy with them, and people are guessing their streaming deal might not be extended.
However, the Sussexes still have an ongoing agreement involving Harry exploring golf and Meghan cooking in episodes. According to royal biographer Angel Levine, the couple has likely ruined their chances of getting another deal. She mentioned that Netflix is not interested in Meghan’s cooking, Harry’s polo, or her jam, and she finds these ideas not original enough.
Levine predicted that next February would be the earliest they could have another opportunity. She also stated that Netflix is frustrated with the lack of progress and has many other projects in the pipeline. She added, “So I think they’re not going to renew the $100,000 to keep them going.”
Moreover, the Duke and Duchess of Sussex’s Archewell Foundation saw a huge drop in donations, plummeting from £10.3 million in 2021 to only £1.6 million in 2022. Their latest financial reports show this big dip, and 2023 isn’t looking any better. On the other hand, The Royal Foundation, led by William and Kate, is thriving.
They hit a high with £8 million in donations. But let’s not forget that Harry’s memoir Spare’s paperback is coming out in October. Royal fans must recall how badly it hurt William’s reputation. Let us see how it affects the royals and their donations ahead! For more updates on the royal family, keep checking Soap Opera Daily! Also, what do you think? Will Sussexes recover from this financial crisis?
