Netflix’s $75m ultimatum to Harry and Meghan

Netflix’s m ultimatum to Harry and Meghan

Prince Harry and Meghan Markle have been instructed to ship extra must-watch reveals for Netflix with a view to gather the rest of their eye-watering contract, it’s been claimed.

The Duke and Duchess of Sussex signed a landmark deal price a reported $150 million with the streaming large in late 2020, however it’s understood they’ve solely been paid half of that quantity up to now.

The centrepiece of the collaboration was their explosive six-part collection, Harry & Meghan, which proved a world hit and have become the streaming large’s most-viewed documentary.

The solely different content material produced by their firm, Archewell, was a docu-series known as Live To Lead about world leaders and activists, and Harry’s Invictus Games documentary, Heart of Invictus, which shall be launched later this 12 months.

While Netflix is claimed to have been proud of the Harry & Meghan viewing figures, in line with The Sun, the couple have now been informed they’ll want to provide extra compelling reveals with a view to be paid the rest of their contract.

Meghan’s animated collection about girls in historical past, Pearl, was axed final 12 months earlier than it may even get off the bottom, whereas a brand new report in The Wall Street Journal over the weekend detailed a number of different pitches that have been rejected.

The publication claims that they’d advised an Emily In Paris-style collection however with a male because the lead, and a present about LGBTQ characters just like these in Heartstopper.

According to the WSJ, they do have not less than one different collection truly in manufacturing: a Great Expectations-style present known as Bad Manners.

It’s understood to be a prequel to the Charles Dickens basic and retells the story of a lonely Miss Haversham dwelling in a patriarchal society.

This newest growth comes simply days after the couple’s high-profile Spotify deal was axed and amid renewed hypothesis that their Netflix contract is also in jeopardy.

A supply informed The Sun earlier this month that there’s a “less friendly attitude” towards the Sussex deal “from some at the top” on the streaming service.

“The feeling is that the lemon has been fully squeezed. The big bucks Harry and Meghan signed in for do not exist today,” the insider mentioned.

However, whereas the Spotify deal collapse has been mired in reported leaks from inside the firm, with insiders branding the Sussexes “lazy” and an govt publicly calling them “f**king grifters”, there’ll be no such ugly break up from Netflix.

The Sun quoted an business supply as insisting that “there’s no question of a headline-grabbing, public parting” between the corporate and the couple.

“Netflix was pleased to sign Harry and Meghan and is looking for some great ideas going forward,” the insider informed the publication.

“But the remainder of the deal relies on them producing those good ideas. The deal’s continually under review which is normal for ones of this magnitude.”

Source: www.news.com.au