Former football star David Beckham has reportedly earned a staggering £72 million this year, thanks to the massive success of his Netflix documentary.
This news has left Meghan and Harry feeling green with envy, especially after their own brand suffered a major setback in 2023.
With the potential to reach £100 million next year, David and his wife Victoria are on track to secure a financial milestone, as Victoria’s fashion brand has turned a profit for the first time in 15 years.
The four-part series, which premiered on October 4th, offered viewers an intimate glimpse into the Beckhams’ marriage, early romance, family life, and David’s illustrious footballing career.
Company figures released on Friday revealed that David Beckham Ventures Ltd and Seven Global LLP generated a whopping £72.6 million profit through sponsorships in his production company.
Moreover, a new report suggests that the documentary contributed over £20 million to their overall earnings, drawing a record-breaking 3.8 million viewers in its first week.
A source close to the Beckhams disclosed to The Sun, “In a golden year for Golden Balls, the Netflix documentary deal alone was worth over £20 million, and its tremendous success has been a vindication.
David continues to receive numerous commercial and partnership offers, making him more in demand than ever, despite retiring from football a decade ago.
It’s quite astonishing that the couple is projected to make over £100 million next year.”
Meanwhile, Meghan and Harry, once considered the darlings of Hollywood, have suffered a significant blow to their brand.
The Hollywood Reporter has labeled them as two of the biggest losers in the industry in 2023.
Despite the constant media coverage and hype surrounding their various projects, including Prince Harry’s book “Spare,” Meghan’s Archetypes podcast, and Harry’s appearances on American television, their efforts failed to translate into success for their core business.
The Archibald Foundation, a charity associated with the couple, experienced a staggering $11 million drop in donations over the past year, pushing it into a deep financial crisis.
This outcome does not come as a surprise to some, as earlier this year, there were warnings that Harry’s brand was in crisis and on the verge of collapse.
A Royal Public Relations expert stated, “Meghan and Harry need to deliver a success in 2024 to revive their careers.
If they fail to do so, Hollywood will decide that they have had enough of them.”
It seems that something is unraveling at the core of Meghan and Harry’s brand, and 2024 is expected to be a pivotal year for them.
Mark Bukowski, a renowned PR specialist, predicts that the Sussexes must find a new positive strategy to recover from this setback.
However, he also warns that if they fail to do so, their brand will continue to falter.
Bukowski believes that Meghan’s success in the entertainment industry may hinge on her ability to apologize to Prince William and reconcile with the royal family.
Given William’s influential position as the President of the British Academy Film Awards (BAFTA), sources suggest that he holds enough power to hinder Meghan’s progress in the industry.
Therefore, it is crucial for Meghan and Harry to extend an apology and work towards a reconciliation with the royal family.
In conclusion, while David Beckham enjoys immense financial success with his Netflix documentary, Meghan and Harry find themselves grappling with a declining brand.