Update on Harry, Meghan's TV plans after end of Netflix deal: ‘Coming soon'
IN LONDON
Prince Harry and Meghan are poised to sign a new deal with Netflix following the end of their previous multi-year, multimillion dollar contract.
It's been widely reported this week that, as expected, the Duke and Duchess of Sussex's five-year agreement with the streaming service, which was signed in 2020, will expire in the coming months.
However, according to Page Six, they're now set to ink a new 'first-look' contract with Netflix, similar to the type Barack and Michelle Obama have with the company.
A 'first-look' deal generally means that there is an agreement where Netflix is granted exclusive rights to preview and potentially purchase a project before it's shopped around elsewhere.
A source also revealed that 'there are more TV projects coming soon with both the duke and duchess', while the second season of Meghan's show, With Love, Meghan, is still on track to be released in September.
Season two of With Love, Meghan is coming in September. Picture: Netflix
Page Six also spoke to industry sources, who confirmed that Netflix CEO Ted Sarandos is still on good terms with Harry and Meghan and continues to support them.
The news that the Sussexes' Netflix deal was ending came just days after the streaming giant released its semi-annual report, 'What We Watched', which ranked With Love, Meghan in 383rd place (out of 7,500) with a total of 5.3 million views.
The series outperformed other shows in its category, including The Great British Bake Off, Chef's Table and the most recent season of Queer Eye.
They're reportedly entering into a new 'first-look' deal. Picture:for TIME
It comes as Meghan is reportedly hitting pause on her Confessions of a Female Founder podcast in order to focus on her lifestyle range, As Ever, according to Page Six.
Both product drops this year have seen everything quickly sell out within hours.
'As a growing business, As Ever is continuing to explore growth opportunities that feel aligned with the brand's core values and quality standards,' a source told the publication.
'The brand continues to evolve with new products that align with her vision for quality lifestyle goods at accessible price points.'
The couple's 2022 Netflix series, Harry & Meghan, was a massive ratings hit. Picture: Netflix
Meanwhile, speculation that Harry and Meghan were considering moving back to the UK in some capacity following a recent 'royal peace summit' were firmly denied recently.
Earlier this month, the Duke of Sussex's chief of staff and communications director, Meredith Maines, his UK spokesman, and the King's communications secretary, Tobyn Andrae, held a private meeting in London, reportedly to discuss the rift between the two parties.
Tensions had first escalated when Harry and Meghan moved in 2020 to the US, where they are now based, and began to open up about the issues they'd faced during their time working within the monarchy.
Having now taken that first concrete step toward reconciliation, rumours have been rife that the Sussexes are eyeing off some form of return to Harry's home country – but a source told US magazine People that they have no intention of leaving Montecito.
Instead, the recent chat has been viewed as a potential reopening of the lines of communication between the duke and the King, who have been estranged in recent years.
'It was a good first step,' the insider said. 'It is always better to be talking.'
Originally published as Update on Harry, Meghan's TV plans after end of Netflix deal: 'Coming soon'
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