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Harry and Meghan Restructure Montecito Media Operations With PR Agency and Staff Cuts

Their communications will be handled by an eight-person agency spanning five time zones, with Netflix moving to a first-look agreement.

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Seit Prinz Harry und Herzogin Meghan den Royals den Rücken gekehrt haben, sitzt das Geld nicht mehr so locker. Das sollen die beiden nun zu spüren bekommen.

Overview

  • The Sussexes have reduced their Montecito in-house team by about 25 roles since stepping back from royal duties in 2020.
  • Recent layoffs focused on communications staff as PR responsibilities shifted to Miranda Barbot Maines’s agency.
  • The new agency model spans five time zones to lower costs and speed up global media engagement.
  • Netflix is ending its five-year overall production deal and will adopt an industry-standard first-look agreement for future Sussex projects.
  • High recurring expenses for their Montecito estate—including €128,000 in annual property tax, a multimillion-euro mortgage and €2 million in security—are driving their cost-cutting measures.