Quibi Was Desperate To Work With Meghan Markle and Prince Harry but Netflix Won in the End
Just six months after their shocking exit from the British royal family, Meghan, Duchess of Sussex and Prince Harry have clearly outlined the path they intend to take gong forward. When the Sussexes announced Megxit at the top of 2020, they revealed that in addition to stepping away from their duties as senior royals, they would also become financially independent.
In the months that followed, royal fans and experts anxiously anticipated how the pair might make money. After all Queen Elizabeth II and the remaining senior royals have strict rules about profiting off of the monarchy.
However, the Sussexes had something else up their sleeve. In addition to buying their first home in Santa Barbara, preparing for the forthcoming launch of their foundation Archewell, and using their voices for change, Meghan and Prince Harry have just signed a massive Netflix deal. However, Quibi wanted them first.
Meghan Markle and Prince Harry’s Netflix deal is extensive
After retiring from acting and leaving her role on the hit drama series Suits, Meghan has said that she will not return to acting. Instead, it appears that she and Prince Harry have put on their producer’s hats.
In addition to Archewell, the Sussexes have formed a yet-to-be-named production company and they’ve partnered with Netflix on a multi-year deal for extensive content. The New York Times is reporting that the deal will comprise of documentaries, docu-series, feature films, scripted shows, and children’s programming. Prince Harry and Meghan said in a statement,
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. Netflix’s unprecedented reach will help us share impactful content that unlocks action.
Prince Harry and Meghan Markle’s Netflix deal is reportedly worth millions of dollars
In addition to having a ton of creative control through their partnership with Netflix, the Sussexes signed their deal for a pretty penny. Netflix’s co-chief executive and chief content officer, Ted Sarandos explained the partnership.
“We’re incredibly proud they have chosen Netflix as their creative home and are excited about telling stories with them that can help build resilience and increase understanding for audiences everywhere,” he said.
Neither Netflix nor the Sussexes have revealed how much the royals have earned with their new deal. However, Daily Mail is reporting the Netflix deal could be worth up to $150 million.
Quibi wanted the Sussexes before they signed with Netflix
It was reported that the Sussexes were shopping a “secret project” for some time, and apparently Netflix wasn’t the only company interested in them. It turns out that Quibi founders, Meg Whitman and Jeffrey Katzenberg also had their eye on Meghan and Prince Harry
“Meg and Jeff actually went to see Harry and Meghan to get them to sign…but it’s no surprise they went for Netflix,” a source told Page Six.
However, it doesn’t look like everyone is pleased about this new deal. The royal family and Queen Elizabeth are reportedly alarmed and one veteran film producer is skeptical of the entire thing. “I want to hear what the Obamas have to say, they have a track record,” they told Page Six. “I’m not sure I want to hear what Meghan and Harry have to say.”