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Details on Harry and Meghan's Netflix Deal
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Anonymous
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It's the Daily Mail, sure, but there seem to be a bunch of Hollywood types willing to dish on the status of Harry and Meghan's Netflix deal. Bottom line is that, as many speculated when it was announced, the "$100 million deal" was the ceiling, not the floor. They say it is understood that they cleared about $15 million for the documentary, but that's it. More discussion about the rest of their finances, as well.
https://www.dailymail.co.uk/news/royals/article-13092851/ALISON-BOSHOFF-Netflix-pull-plug-Harry-Meghan-fund-lavish-lifestyle.html However, a source with knowledge of the situation says that essentially the Netflix deal is a dead duck. ‘The whole arrangement was basically the trade-off for Netflix getting the Harry & Meghan documentary. It was never the huge payday that the Press reported. The $100 million number was always a newspaper figure. It’s thought they got a small fraction of that number up front, and everything from there on is largely contingent on performance. The fact is that the company [Archewell] has been relatively inactive so far.’ Rather than a massive lump sum, the deal consisted of a multi-year commitment from Netflix to cover the overheads of Archewell. This is said to be in the region of $3 million (£2.4 million) a year, of which the Sussexes will keep a small portion personally. Most of that money is being spent on overheads and project development costs. Indeed, when Archewell bought the rights to make a film of Meet Me At The Lake it was reported that, quite unusually, Netflix had stumped up the $1 million (£800,000) cash rather than Archewell, reflecting the fact that the company is not swimming in funds. |
Anonymous
| zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz |
Anonymous
| Ok. |
Anonymous
| Anyone waiting for Harry and Meghan to go broke will be waiting a very long time. |
Anonymous
| This makes me want to drop Netflix. But good for H&M for getting whatever they can out of the company! |
Anonymous
| She has a new deal with Lemonada (sp?)…they produce Julia-Louie Dreyfus’ and Sarah Silverman’s podcasts, both of which I absolutely love (among other things). Their content is high quality. This is a very good thing for Meghan Markle, IMO. |
Anonymous
| ^^But the content is very real and down-to-earth, which is not her brand. It’ll be interesting to see if this is a departure for her. |
Anonymous
| OK? |
Anonymous
| Was Meghan offered a role in the new “Suits” revival? If she turned it down, I would find it surprising. |
Anonymous
It sounds like it’s a spin-off with new main characters, so at best the previous cast would do guest appearances. |
Anonymous
Not if William becomes King. |
Anonymous
You lack a basic understanding of how the world works. |
Anonymous
I don’t think so. Meghan has been with WME for a year now and all they’ve been able to find for her is the Lemonada deal. It’s reportedly small and the fact that the dollar amount of the deal wasn’t publicized supports this. Their cost of living is astronomical. It doesn’t take long to bleed through millions when you have security, a huge staff to support and mansion to maintain. |
Anonymous
It is interesting that for Megan her new life represents an enormous upgrade from how she grew up and the life she new. However, for Harry his lifestyle now is a huge downgrade from how he grew up. Yes, he lives in an expensive house in Montecito but it is only one house. He no longer has access to various estates, paid security, etc. |
Anonymous
| Didn’t get the big payout they thought they would get for trashing the royal family so now they want to reconcile. What a huge miscalculation on their part. They’re such a pathetic joke! |