**Harry and Meghan Secure New Netflix Deal Amid Speculation**
Harry and Meghan have officially entered into a new “multi-year, first-look deal” with Netflix, following their initial agreement with the streaming service five years ago. This new arrangement dispels rumors regarding the potential non-renewal of their partnership, although it appears to be a less prestigious contract than before.
As a “first-look deal,” Netflix will have the opportunity to review and approve or decline the Sussexes’ content before anyone else, but they are not obligated to stream it. Reports from various U.S. outlets suggest that this new deal represents a downgrade from their previous contract, which was believed to be worth over $100 million (£74 million) and granted Netflix exclusive rights to their content.
British PR expert Mark Borkowski characterized the new agreement as a “downgrade,” indicating that Netflix may be “pivoting away” from the couple. Despite this, some observers still view Harry and Meghan as a power couple in the entertainment industry.
After stepping back from their roles as senior working royals in 2020, Harry and Meghan established their media company, Archewell Productions. Their partnership with Netflix initially promised a range of content, including documentaries, docuseries, feature films, scripted shows, and children’s programming. However, to date, they have primarily delivered documentaries and docuseries.
The couple’s previous projects include the six-part series “Harry & Meghan,” which explores their exit from royal life and ranks as Netflix’s fifth most popular series ever. Their recent lifestyle show, “With Love, Meghan,” has also gained significant viewership, becoming the platform’s most-watched culinary show since its debut earlier this year.
In discussing the new deal, Meghan expressed pride in extending their partnership with Netflix, emphasizing their commitment to creative storytelling.
**FAQ**
*Is the new Netflix deal for Harry and Meghan a downgrade?*
Yes, many industry experts believe the new “first-look deal” is a downgrade compared to their previous contract, which provided exclusive rights and was valued at over $100 million.
