Prince Harry & Meghan Markle’s Archewell Productions in Jeopardy as Netflix Cuts Staff?

Prince Harry and Meghan Markle’s champions at Netflix have reportedly exited the streaming company amid a wave of cutbacks.

This leaves the future of the couple’s Archewell Productions partnership up in the air. Some speculate that Harry and Meghan might have already sensed trouble ahead, and that was what motivated them to make a quick exit from Hollywood.

Key Takeaways

Are Prince Harry And Meghan Markle’s Hollywood Dreams Finally Dashed?

When Prince Harry and Meghan Markle first arrived in the US in 2020, they were Hollywood’s favorite people. These days, they’ve become more like yesterday’s milk – way past their expiration dates.

If you can recall, Spotify is already out of the picture, and Audible refused to bite. This leaves Netflix as their only truly meaningful partnership, and yet it seems as if the boat is already starting to rock.

There have already been reports that Netflix has frozen several Harry and Meghan projects, raising questions about the couple’s future with the streaming giant.

According to a report by the Daily Mail, the streaming giant has reportedly decided that no one will subscribe just “to see a Meghan show.”

This is coming amid reports that Netflix is looking to cut projects giving the company “zero financial return.” As a result of this restructuring, the US streaming company has reportedly laid off employees, including key staff involved in the development of Harry and Meghan’s Archewell Productions partnership with Netflix.

Original series director Carolina Garcia was reportedly one of those who left, along with chief content officer Bela Bajaria. Months before, Bajaria told media outlets that the company maintained an “amazing” relationship with the Sussexes.

Following the cutbacks, a Netflix insider reportedly revealed:

“There is a huge restructuring. They had to make cuts as decisions were made that had zero financial return. I suspect that Harry and Meghan were part of that, because people are not going to subscribe to see a Meghan show.”

The latest developments also come amid reports that Harry and Meghan have been distancing themselves from Netflix setbacks.

Netflix’s New Chief Content Officer Charged With Finding The Next Big Project

With British-born and raised Peter Rice reportedly replacing Bajaria as chief content officer, Harry and Meghan could find it even harder to get their projects into the pipeline.

“There will be major casualties. He is charged with finding the next Stranger Things or Emily in Paris, rather than some royal-linked vanity project,” a Netflix source reportedly said.

Prior to her reported departure, Bajaria had defended the company’s relationship with Meghan, saying:

“I would say don’t believe whatever you read. Maybe we should all do a little fact checking. But here’s the thing: We still have a relationship with them, we have movies in development with them, we have an amazing doc with them, they have things in development on the TV and film side.”

With continued speculation about Meghan Markle’s financial future, the couple’s Hollywood business ventures are attracting even more attention.

At this rate, the rumored Princess Diana documentary Harry is overseeing in time for the 30th anniversary of her death may never see the light of day.

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