Prince Harry and Meghan undergo a “loss of income” as the Netflix agreement approaches

Prince Harry And Meghan MarkleThe Netflix agreement of $ 100 million will not be renewed at the end in September, ending with mutual and friendly conditions.

At the same time, Netflix obtained an important audience of its beginnings, but recent projects have underperformed.

Meghan is now focusing on the expansion of his lifestyle brand, as always, after the successful launch of his rosé. Despite the end of the agreement, season 2 of “With Love, Meghan” should be presented this fall on Netflix.

The several million pounds agreement from Harry and Meghan with Netflix is coming to an end, with reports suggesting that the streaming giant will not renew the contract at its expiration in September.

Although no official declaration is expected from one or the other of the parties, the initiates claim that the decision to separate was mutual. Behind the scenes, the managers of Netflix have quietly decided that it was time to move on.

The Sussexes initially signed a reported agreement of $ 100 million with Netflix, which led to the successful launch of its documentary series, one of the most discussed outings of the platform.

According to The sunA source close to the situation, “Netflix was intelligent insofar as they had many viewers for the first documentary series, and knew, in a realistic way, this would prove the Zenith of the content of the Montecito pair.”

Things have definitely slowed down for the duo as one of Harry’s last projects, “Polo”, would have attracted only half a million viewers, having not had a strong impact. Meanwhile, Meghan focused on her new brand of lifestyle, as always.

“The agreement is done; more shows will not be made. Netflix believes that they have everything they can of the couple,” said the source. “They are not dissatisfied with the way things proved – they obtained these first successes and produced one of the most discussed shows of all time. The content was weakened from there, but, frankly, for 20 million pounds sterling per year, everything was better than nothing.”

Although the hearing has decreased and the priorities of Sussex have changed, sources say that the separation of Netflix is friendly.

“There is no animosity on each side,” said the source. “Things have just taken their course. Netflix leaders are well aware that Meghan’s priority is now his own brand, and they will not play the second violin.”

“In publication, there will be no statement, and of course, if things change spectacularly, they would be open to a unique project on the whole line,” they added.

However, the end of the lucrative agreement would have struck Harry Plus, with the source noting that “it is a huge loss of income” for the couple.

Despite the end of the contract, the CEO of Netflix, Ted Sarandos, would have remained friendly with the Duchess of Sussex.

Meanwhile, Paramount + rival streaming would be interested in collaborating with the Royals based in Montecito, in particular after their partially successful agreement with the company Rivale Netflix.

According to reports, the Duke and the Duchess are considering new opportunities, provided that the right concept presents itself.

It was also revealed that Netflix signed an agreement with King Charles and the actor, Idris Elba for a documentary. As indicated by The sunThe agreement with the British monarch may have faced a roadblock if the streaming giant had stayed in business with Harry and Meghan by renewing their contract.

Despite the end of $ 100 million, the curtain did not completely close its doors on the relationship of Harry and Meghan with Netflix.

A second season of Meghan’s lifestyle series “With Love, Meghan” has already been filmed and should be presented on the platform this fall.

Although a specific release date has not been announced, the Duchess of Sussex previously teased the coming season with an inspired assembly of the ASMR published on Instagram. The video included comfortable kitchen scenes and moments behind the scenes of future episodes.

“If you like season 1, wait to see the pleasure we have prepared in season 2!” Meghan wrote in legend. “Thank you for joining the party, and an endless thank you to the incredible team and team who helped bring everything! @Netflix.”