Meghan Markle & Prince Harry's Netflix Deal Reportedly Worth $100 Million
By Emily Lee
September 10, 2020
Back in August, Variety reported Prince Harry and Meghan Markle were shopping a top-secret project around Hollywood. Little else was known about the project at the time, however, the outlet was able to confirm the Duke and Duchess of Sussex took multiple meetings about the endeavor back in June.
Those reports proved true when Harry and Meghan announced they signed a multi-year deal to make TV series, films and children’s shows for Netflix. As their first major career move since leaving the Royal Family, the Sussexes will develop their very own production company under the streaming giant's banner.
According to an Us Weekly source, Harry and Meghan had offers from other streaming services before signing with Netflix. “Quibi had a huge offer out to Meghan Markle that was in the tens of millions,” the insider said, but “Netflix swooped in and their production deal is worth over 100 million.”
“Our lives, both independent of each other and as a couple, have allowed us to understand the power of the human spirit, of courage, resilience and the need for connection,” the Sussexes said in a statement about the massive deal. “Through our work with diverse communities and their environments, to shining a light on people and causes around the world, our focus will be on creating content that informs but also gives hope. As new parents, making inspirational family programming is also important to us, as is powerful storytelling through a truthful and relatable lens.”