Monday, 21 Sep 2020

Harry and Meghan 'shopped around before bagging £112,000,000 Netflix deal'

The boss of Netflix said Prince Harry and Duchess Meghan will provide ‘epic entertainment’ after landing a multi-million pound deal with the streaming platform.

Reed Hastings claims the royal couple offered themselves to ‘all major companies’ before settling on Netflix, in a deal rumoured to be worth £112 million.

‘I”m so excited about that deal,’ said Hastings during a CNBC interview.

‘They’re smart, they were shopping it around across all the major companies and I think we really put together the best complete package.’

The CEO believes that Harry and Meghan’s content will be the ‘most viewed’ on the streaming platform in 2021.

He remained tight-lipped on what exactly the Sussexes are planning to create, but said the pair had a ‘great eye’ for stories.

He seemed to shoot down rumours that former Suits actress Meghan would appear in front of the camera, saying the couple will focus on being ‘producers’.

He said: ‘It’s going to be epic entertainment. We’re going to do a wide range of entertainment with them.

‘I can’t tell you anymore than that about it at this point, but I think it will be some of the most exciting, most viewed content next year.

‘The real focus for them is on being producers and on building that production capacity.’

The Sussexes confirmed last week that they had landed the Netflix deal to produce documentaries, films and children’s TV programmes.

The couple said that they wanted to create content that ‘informs but also gives hope’.

It comes six months after they dramatically stepped back from royal duties, resettling in LA from where they will launch their new Hollywood career.

Netflix has said there were already several projects in development including an innovative nature docu-series and an animated series that celebrates inspiring women.

Hastings would not offer any details about how much the couple will be paid, but insiders told Deadline news they could have earned up to $150 million (£112), which has been compared to a similar deal signed by the Obamas after they left the White House.

The Sussexes have set up a production firm to create their films and documentaries and are committed to diverse hiring practices for its key roles, Netflix has indicated.

The streaming service has said the couple will focus on creating a wide range of programmes about stories and issues that resonate with them personally – including highlighting issues that their non-profit organisation Archewell raises.

The duchess has already begun her life in the commercial world, narrating a Disney film about a family of elephants and their journey across Africa that was available to stream in April.

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