Prince Harry and Meghan Markle Expected To Lose Millions, Hollywood Deal Could End At Any Time
Not only are Prince Harry and Meghan Markle failing the royal family, but also Netflix.
The Duke and Duchess of Sussex have allegedly been warned that if they are unhappy with the content they will release, the streaming giant will terminate their contract at any time.
The duo and their Archewell crew, who purportedly signed a $100 million deal, were informed that there are "no assurances" that the content they produce will ever be considered for inclusion on the site.
An insider told Page Sixthat this might cost Prince Harry and Meghan Markle millions of dollars because they have yet to publish a program or any material on Netflix, and they supposedly want the content they created for their documentary series.
Despite having a set release date later this year, Archie Harrison and Lilibet Diana's parents apparently want to evaluate the tone of several utterances and potentially delay the publication until next year.
However, Netflix executives have "final edit" judgments in which they may cancel their clients' proposals or even business arrangements.
If the billion-dollar broadcaster does not approve any of Prince Harry and Meghan Markle's programmes, they will still be paid a kill fee that is industry standard.
Netflix had already backed out of the former "Suits" star's "Pearl" project after determining that it was not the sort of content they intended to display on their platform.
According to a Netflix consultant who talked to The Sun, the royal renegades are presently in a "tricky spot" since Netflix holds the authority.
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They may be concerned about the content of what they said on camera about their royal family, but the streaming behemoth still has the final decision on what is released and shown.
"No talent is better than Netflix," according to the source.
"So, while The Sussexes may have reservations or pushback on what they wish to portray on television, Netflix may continue."
They went on to claim that if Netflix's executives feel upset or fed up with the Duke and Duchess of Sussex, the platform has the right to walk away from it all.
It's also stated that development partnerships like these in Hollywood usually end "all the time," or that when all parties agree to a project contract, they all have shared goals.
"Netflix secured a deal with the promise of exclusive access into The Sussexes' life and worldview, which they believed would be a ratings triumph," the insider explained.
"If they are unsure that the material will get the desired ratings, it becomes an issue."
READ MORE: Prince Harry Received Preview Screeners, Script For 'The Crown' Amid Million-Dollar Netflix Deal?
