While it may seem like a hefty sum for a podcast with limited listenership, considering the significant media attention and exposure Spotify gained from signing and terminating the deal with the couple, the amount appears reasonable.
It's worth speculating whether all of that money has already been spent, considering the couple's expenses on security, home maintenance, and luxury items like Hermes blankets.
However, with their newfound freedom, they can now negotiate a new contract, with 10% of the proceeds going to their talent agency, WME.
Reports have indicated that Archie and Lilibet may have played a role in the Spotify deal, although Harry failed to produce any content for the platform. Sources suggest that Harry pitched ideas to producers, including episodes centered around fatherhood where he would discuss his experiences raising his two children.
While Harry mostly stuck to his own ideas after discussions with various producers and production houses, it appears the pitches did not materialize into actual content.
Meanwhile, there are claims that Netflix is considering parting ways with the Sussexes. A senior Hollywood source stated that Netflix wants out and is envious of how swiftly the Spotify exit was executed. The contract with Harry and Meghan has reportedly been challenging to navigate from start to finish and has not delivered the expected results. According to The Sun, Netflix has given the couple an ultimatum, stating that if they want to receive the outstanding $51 million in fees, they need to produce better content.
So far, the couple has allegedly received only half of their £81 million Netflix deal, with the remaining sum dependent on producing content that genuinely captivates audiences. Industry insiders revealed that a headline-grabbing public parting of ways is not anticipated, but Netflix is looking for strong content ideas going forward. The deals of this magnitude are constantly under review, which is typical. However, some within the industry perceive a less friendly attitude toward Harry and Meghan, with the belief that the expected substantial earnings they initially signed up for no longer exist.
Their lack of success with Netflix and Spotify indicates that the content they are producing is not resonating with the wider audience. PR experts have remarked that their plan to develop a Netflix show called "Bad Manners," based on a feminist version of Miss Havisham from Charles Dickens's "Great Expectations," and a new show inspired by "Great Expectations" itself, titled "Pearl," show a disconnect from audience tastes. Mark Bakowski, a PR expert, noted that studio executives are constantly seeking quality ideas, and the couple seems to be out of touch with what interests the public.
Royal author Richard Fitzwilliams pointed out that while it was one thing for Meghan to narrate "Elephant" for Disney, taking on a Dickens-inspired project like "Bad Manners" is a different challenge. Meghan's animated series "Pearl" was canceled by Netflix, and Spotify was reportedly displeased with the content Harry had proposed. Despite their high profile and the anticipation that their brand would have broad international appeal, the couple has produced relatively little content, leaving many questioning their talent and judgment.
It remains to be seen if Harry's upcoming documentary, "Heart of Invictus," will fare better. However, given their underwhelming track record so far, it raises valid questions about their ability to deliver content that resonates with a wider audience. One cannot help but wonder if Megan's new agent will be able to secure more substantial opportunities for them. In the unforgiving world of Hollywood, failure is not well-received, and many are beginning to question the true extent of their talent.
