Prince Harry and Meghan Markle Extend Contract With Netflix, Why Has The Contract Sized?
Aug 12, 2025
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Local media in the U.S., including the New York Times and People, reported that the scale was smaller than that of 2020, which was a super-large contract, but the collaboration was continued with a new type of partnership.
According to local media, the existing five-year, $100 million (about 138 billion won) exclusive production contract was scheduled to end in September this year, and the new contract was signed as a multi-year contract in the form of 'First-look' without exclusive rights. The First Look contract allows Netflix to review their content first, but it is not obligated to adopt all projects. This means that if the content planned by Prince Harry and his wife is not commercial, they do not have to invest.
Netflix said the documentary, which had 23.4 million views in just four days of its release, was one of the most popular films of all time, adding that `Harry & Meghan had an influential voice.' However, other projects have been somewhat sluggish in recent years, affecting the size of contracts. Netflix's 'With Love, Meghan', which was released in March, received higher ratings than Netflix's other cooking programs.
In addition to existing documentaries and series, the deal also includes content from various genres of 'Archewell Products' run by Prince Harry and Meghan, as well as collaborations with Meghan's lifestyle brand 'As ever'. New content lineups were also unveiled, including the second season and year-end special of "With Love, Meghan," a documentary about Ugandan orphans, "Masaka Kids, A Rhythm Within," and a video project of the best-selling romance novel "Me At The Lake."
This article was translated by Naver AI translator.