After a series of failures, Meghan and Harry’s business ventures continue to lose investments, sparking rumors of bankruptcy

Prince Harry and Meghan Markle “would find it impossible to recover from the blow of losing their Netflix contract”, a royal expert has claimed.

The Duke and Duchess of Sussex signed a massive £100 million mega-deal with the streaming giant in 2020, 

just a few months after they announced they would be stepping down as senior working royals. 

The couple relocated to the US and settled in Montecito, California, but have left fans disappointed with their lack of projects on Netflix. 

The duo featured in a docu-series, Harry & Meghan, which focused on their life behind-the-scenes as they started a new life in America, 

as well as Harry’s documentary Heart of Invictus, which featured the story of the prince’s beloved Invictus Games.

However, the couple have faced mourning speculation that their five-year deal with Netflix, which is set to be renewed next year, is facing the axe, and royal author and expert Tom Quinn told The Mirror he believed Harry and Meghan couldn’t cope with the loss. “Harry and Meghan are on the brink of losing their multi-million-dollar Netflix contract for the simple reason that Netflix expected a great deal more from the couple,” he explained.

He claimed that Harry and Meghan’s very public – and embarrassing – Spotify blunder, in which their contract was axed early over the lack of projects, has deeply affected the couple, and they’re keen to avoid another failure. “It’s very likely to be a repeat of the problem with the couple’s Spotify contract which came to an abrupt end in 2023 after Harry and Meghan failed, according to a Spotify spokesperson, to meet ‘productivity benchmarks’,” Tom continued.

“It’s always been Meghan‘s dream to build a hugely successful commercial enterprise and she is still convinced – even after the Spotify debacle – that she has the drive and talent to make this happen. The loss of the Netflix contract would be a major blow and one from which it would be all but impossible to recover,” he shared. “The last thing Meghan wants is the humiliation of trying to set up a deal with a much smaller company – the way things are going even that might not be a possibility.”

The Mirror has approached the Sussexes for comment. Despite the ongoing speculation, Meghan and Harry are reportedly in the process of creating new content for Netflix, with the former Suits star teaming up with the streaming giant for a new cookery and lifestyle show based on her new brand, American Riviera Orchard. Meanwhile, Harry is producing a new documentary about one of his passions, the world of international polo.

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Source: Tampa Bay Times

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