It was reported last week that Prince Harry is seeking a reconciliation with King Charles and that his and Meghan’s multimillion pound Netflix deal will soon come to an end.
Harry and Meghan’s deal with Netflix is reportedly coming to an end (Image: Getty)
It was reported last week that a truce could be on the cards for King Charles and Prince Harry when aides for both royals met in London.
Now a royal expert has had his say on the alleged reconciliation following reports that Harry and wife Meghan Markle’s lucrative deal with Netflix could be coming to an end.
Robert Hobson reckons that Harry and Meghan are now looking for “handouts” from the King after Harry caused controversy earlier this year when he told a BBC interviewer he was no longer in touch with the monarch.
Speaking on the Sun’s Royal Exclusive show, Jobson said: “Well, the deal was always set at about $100 million, wasn’t it? And the talk of that figure sort of blew a lot of people’s minds, but I think that was for productions and things that they’re supposed to have done.
“Where does it leave them? Probably with a bit of a bowl out, looking for some handouts. Maybe that’s why they were over with their staff, were over here having discussions with the King. I don’t know.
“The reality is in the past they got support from the King and the late Queen , and they said they were going to go and make their way. They’ve lost Spotify, they’ve lost Netflix. They can’t rely on the spare money forever, can they?”
Jobson was joined on the show, as writes the Mirror, by Sky News royal correspondent Rhiannon Mills, who voiced her own suggestions on what Harry and Meghan could be set to do when the contract with Netflix ends in September.
She said: “It’s just fascinating. They have this very expensive lifestyle. They have to pay for their security, pay for that big mansion. How do you kind of keep the money coming in?”
Reports surfaced earlier this month that Netflix will not be renewing its five-year deal – believed to be worth about £100million – with the Sussexes when it finishes up. Since signing up with the streaming giant in September 2020, they’ve collaborated on three big projects – their 2021 docuseries Harry & Meghan, Harry’s polo documentary and Meghan’s lifestyle show, With Love, Meghan.
However it was reported that the big-budget projects failed to bring in the audience numbers that Netflix bosses had wanted. With Love, Meghan was the 383rd most watched show worldwide while Polo came in at 3,436th place with just 500,000 views.
Harry previously told Oprah Winfrey in a 2021 interview that the deals with the likes of Netflix “were never part of the plan” but they were forced to take them on in the wake of them being denied official security following their exit from royal duties.
He said: “That was suggested by somebody else by the point where my family literally cut me off financially, and I had to afford security for us.”
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