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2d ago

Harry and Meghan’s Netflix Pact Nears Expiry as First-Look Talks Take Shape

Netflix’s exit from an exclusive pact signals a shift toward project-based collaboration bolstered by its equity stake in Meghan’s As Ever brand

Meghan Markle collects honey from her beehives during filming for her Netflix show 'With Love, Meghan' which broadcast in March 2025.
Meghan Markle laughs during filming of With Love, Meghan, her Netflix cooking show, which droppedin March 2025.
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Overview

  • Prince Harry and Meghan Markle’s five-year, $100 million agreement with Netflix expires in September with no formal renewal announced.
  • Sources report that Netflix and the couple are engaged in delicate negotiations over a first-look deal to replace the exclusive contract.
  • A YouGov survey found that 43 percent of U.S. adults have heard of With Love, Meghan and its net favorability stands at +8 percent.
  • Titles produced by the Sussexes since their 2022 documentary—including With Love, Meghan at #389 and Polo at #3436—have underperformed on Netflix’s platform.
  • Netflix’s passive equity investment in the As Ever lifestyle brand ensures it will continue to share in Meghan’s product revenues regardless of new content output.