Meghan Markle and Prince Harry Sign a Massive Production Deal with Netflix
The former Duke and Duchess of Sussex are Netflix producers, stepping into the entertainment business, six months after stepping down from royal duties.
Meghan Markle and Prince Harry have signed an exclusive multi-year production deal with Netflix that will include documentaries, docu-series, feature films, scripted shows, and children’s programming. It will be produced by their soon to be named production company.
Prince Harry and his wife, Meghan, signed a production deal with Netflix, 6 months after ceasing to be working members of the British royal family. https://t.co/XFi419RfuT
— The New York Times (@nytimes) September 2, 2020
” Our focus will be on creating content that informs but also gives hope,” the couples said to the New York Times. “As new parents, making inspirational family programming is also important to us.” They added that Netflix’s “unprecedented reach will help us share impactful content that unlocks action.”
Recently, Netflix released a trailer for the documentary “Rising Phoenix” about the Paralympic Games. Prince Harry is the founder of the Invictus Games for wounded veterans, so he will appear in the film.
Markle has no plans returning to the screen, after her last appearance on USA Network’s Suits as Rachel Zane, a senior paralegal and later associate at Pearson Specter Litt. She is only willing to appear on camera if it is a documentary style.
Since moving to California, the couple had reportedly held meetings with numerous Hollywood Studios, including other rival streaming services, before reaching a deal with Netflix.
Netflix gives Prince Harry and Meghan Markle a reported $150 million deal because ‘the cool kids want to be around other cool kids.’ From NYT: https://t.co/WrRek88BQL pic.twitter.com/pq5Jc6oNuj
— Byron York (@ByronYork) September 3, 2020
Netflix’s co-chief executive and chief content officer, Ted Sarandos told New York Times, “We’re incredibly proud they have chosen Netflix as their creative home and are excited about telling stories with them that can help build resilience and increase understanding for audiences everywhere.”
The value of the deal has yet to be disclosed, but Guardian assumes that it will spend more than $17 billion this year making and buying shows and films due to the high-attached profiles attached to the production company.
