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Meghan Markle and Prince Harry’s Hollywood Dreams Face Uncertainty
Nearly two years ago, Meghan Markle and Prince Harry made headlines by signing a lucrative deal with Netflix worth a staggering $100 million to produce various content, including documentaries, movies, and children's programs.
However, despite having projects in the pipeline, the Duke and Duchess of Sussex have yet to deliver any content for the streaming giant.
This delay coincides with Netflix experiencing significant subscriber losses, resulting in a massive $200 billion being wiped off its value this year alone.
Royal commentators and observers are now raising questions about the viability of Meghan and Harry's Hollywood aspirations.
Renowned royal reporter Danielle Elser has expressed skepticism, suggesting that the couple's initial allure and promise have significantly diminished.
Elser highlighted Netflix's recent struggles, noting that the once-dominant streaming platform's grip on the entertainment industry has loosened, mirroring the uncertainties surrounding the Sussexes' future with the company.
Elser further critiqued Meghan and Harry's attempts to establish themselves as influential figures in prominent U.S. locations such as Washington, New York, Silicon Valley, and Los Angeles.
She pointed out that the magic of their royal status has faded over the past two years, with their impact diminishing and their deal-making momentum slowing down.
Despite Harry's memoir project announced in July 2021, the couple has not unveiled any new ventures since then.
Having stepped back from their senior royal roles in early 2020, Meghan and Harry moved to the United States to forge new paths for themselves and their family.
Subsequently, they secured multi-million pound deals with both Netflix and Spotify.
While they released a holiday special podcast episode on Spotify under Archewell Audio in December 2020, Meghan's upcoming podcast, “Archetypes,” aiming to challenge stereotypes faced by women, has seen delays in its launch since March.
In the realm of Netflix, the streaming service has only publicly disclosed Harry's documentary on the Invictus Games, titled “Heart of Invictus,” and Meghan's animated children's series called “Pearl.”
However, Netflix decided to cancel “Pearl” in May as part of cost-cutting measures.
Elser questioned the couple's lack of tangible output, pondering what significant accomplishments they have achieved thus far.
The absence of substantial content from the Sussexes has raised concerns about their standing with major platforms like Netflix and Spotify.
With Netflix resorting to staff layoffs and considering introducing advertisements, doubts linger about whether the company can sustain high-profile talent who fail to deliver on their promises.
The clock is ticking for Meghan and Harry as they face mounting pressure to fulfill their commitments and prove their worth in the competitive world of entertainment.