Prince Harry and Meghan Markle are facing financial difficulties, and it seems their Netflix deal may be in jeopardy.
According to an expert, if they want to renew their contract, they will have to lower their fee and even grovel.
But before we dive into their situation, let’s take a moment to discuss King Charles and Catherine, the Princess of Wales.
Catherine, who recently underwent abdominal surgery, is still recovering in the hospital.
Reports suggest that everything went well, but she will need another 10 to 14 days of rest and recuperation.
The King himself will also be undergoing a procedure for an enlarged prostate next week.
In times like these, it doesn’t hurt to send some positive energy their way, whether through prayers or good thoughts.
Now, let’s turn our attention to Prince Harry and Meghan Markle.
Their Netflix contract is set to expire in 2025, and people are wondering if it will be renewed.
So far, their only project with Netflix, a docu-series called “Harry and Meghan,” received mixed reviews.
While it initially garnered attention and broke viewing records, interest quickly waned as people grew tired of their grievances and negative remarks about the British press and royal family.
Their other two projects, “Live to Lead” and “Heart of Invictus,” did not fare well either.
“Live to Lead” was deemed boring, and “Heart of Invictus” focused too much on Harry and Meghan instead of the participants.
Many viewers canceled their Netflix subscriptions when the couple signed on, further indicating a lack of interest in their content.
There have been reports that Netflix purchased the rights to the novel “Meet Me at the Lake” and plans to produce it with Harry and Meghan.
However, skepticism remains as to whether the couple can deliver a successful film, considering their track record.
PR expert Ryan McCormick believes that Netflix needs to evaluate their return on investment with Harry and Meghan.
The declining viewership and a low audience rating of 19% on Rotten Tomatoes for their docu-series are significant factors to consider.
Rotten Tomatoes is a popular platform for viewers to determine what to watch, and a low rating can deter potential viewers.
In fact, there have been rumors that Netflix removed the docu-series from its platform, which raises questions about its performance.
Ultimately, Netflix’s main concern is profitability, and if Harry and Meghan fail to generate revenue, they may be cut loose.
McCormick suggests that if Harry and Meghan want to salvage their relationship with Netflix, they should lower their fee and guarantee a number of shows.
He also warns that their failed ventures with Spotify and Netflix may hinder future opportunities in the media industry.
To generate income, McCormick proposes that the couple engage in public speaking engagements, start their own streaming service through their website, and participate in fan conventions.
It’s clear that Harry and Meghan need to be realistic about their status in Hollywood and be willing to put in the work to secure their financial stability.
As their desperation grows, it will be intriguing to see what strategies they employ.
Will they resort to groveling, as suggested by McCormick?
And would anyone hire them for speaking engagements?
Share your thoughts in the comments section.
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