Overview

• Netflix will conclude its exclusive partnership with Prince Harry and Meghan Markle later this year without issuing a public statement.
• The move is part of Netflix’s broader strategy to move away from long-term contracts in favor of project-based and first-look deals.
• After their Harry & Meghan documentary debuted as a streaming hit, subsequent projects including Heart of Invictus, Polo and With Love, Meghan saw significantly lower viewership.
• A second season of Meghan’s lifestyle series With Love, Meghan is scheduled for release in September under the couple’s existing obligations.
• Industry insiders warn that the couple could face financial strain without the steady revenue from their Netflix deal if they do not curb their spending.