The Sussexes signed a significant TV and Film Production arrangement with Netflix as part of their pursuit of financial independence after stepping back as working royals. However, new reports indicate that the couple's production company and Netflix are parting ways, choosing not to extend their working relationship beyond the initial deal struck in 2020.
To make matters worse for the Sussexes, it seems that beverage giant Lemonade has also cut ties with their Archewell Foundation in the wake of ongoing controversies. Let's take a look at how this all unfolded.
Sources say Netflix executives have become increasingly frustrated with the lack of concrete outputs from Prince Harry and Meghan's Archewell Productions venture over the past 18 months. While documentaries, children's programming, and an animated series were touted, little materialized publicly beyond the couple's widely criticized interview special with Oprah back in 2021.
Recent controversies, like Meghan allegedly lobbying politicians, have also led some to question associating with them. Harry's upcoming tell-all memoir scheduled for later this year has caused unease, with many expecting damaging new royal revelations.
With the first initial projects considered misses by Netflix and trust shaken, the streaming service opted not to extend the partnership. When approached for comment, Netflix confirmed they've completed their intended initial arrangement with Archewell Productions but will not be entering an additional agreement or contract renewal. A spokesperson cited a joint decision made to conclude the business collaboration at this time.
This is a major blow financially to the Sussexes, who were reported to have received an initial $100 million for their Netflix contract. Losing such a lucrative production partnership casts serious doubt on their post-Royal career direction and income stability.
Meanwhile, it's emerged that organic beverage company Lemonade, who had partnered with Archewell for employee outreach programs, has also terminated their involvement. In an internal memo, a Lemonade exec explained that associating with high-profile figures inevitably involves reputational risks, and they felt distancing themselves was best for their brand at present.
Sources say Meghan was left red-faced upon learning of both contract ends coming so close together. The couple's spokesperson assured Archewell remains committed to their philanthropic mission while exploring new creative and commercial opportunities. However, privately, those close to the Sussexes describe a worried, turbulent time behind closed doors.
Now it begs the question: Why did things sour so quickly with Netflix and Lemonade? There are theories that controversies around the couple's use of private jets while lecturing on climate change, along with their involvement in American politics, grated against the companies' family-friendly, progressive images.
However, others argue that key Archewell projects failed to justify the huge investment sums. Plans discussed didn't seem to translate despite two years' notice given. Plus, the recent Oprah tell-all style approach may be concerning financiers who prefer discretion over drama from their partners.
Regardless of reasons, this double contract loss represents a major setback to the Sussexes' lucrative post-Royal ambitions. It casts doubt over just how sustainable their independent role can prove. Royal experts believe ongoing candid media deals may further alienate major partners, given the sensitivity around monarchical critique.
Going forward, Prince Harry and Meghan will need to rethink what content platforms want and evaluate relationships that could compromise others. Delivering results transparently to align visions will be crucial. Finding a balance in expressing themselves creatively while minimizing potential controversy that damages both personal and business ties may help rebuild credibility.
It remains to be seen what comes next, but for now, it seems Meghan and Harry have been left red-faced by Netflix and Lemonade's decisions. Their royal exit aimed for freedom but perhaps proves independence comes with harsh realities too of losing major deals in an instant upon missteps or crossed wires. Both sides will learn greatly from this experience moving forward into an uncertain new chapter.
