Meghan Markle’s Netflix deal will free Prince Charles from financial burden expert claims
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Meghan, Duchess of Sussex, and Prince Harry have signed a multi-year deal with the streaming site Netflix. Prince Charles will be happy about the deal because it means the Sussexes will be “off his payroll” according to royal commentator Ingrid Seward.
Ms Seward said Prince Charles will be relieved by the Netflix deal as it eases the Sussexes’ financial burden on the Royal Family.
She said: “I imagine Prince Charles will be relieved.
“And the British public will be relieved because they can pay back what they owe now on Frogmore Cottage, so it’s a win-win situation.”
The PR executive, Jonathan Shalit OBE, has estimated that the Sussexes could earn a huge sum of £185 million.
The Duke and Duchess of Sussex stepped down as senior members of the Royal Family earlier this year.
Whey they announced their plans, the Sussexes said they would split their time between the UK and North America.
The couple agreed to pay the cost of renovating their Windsor property, Frogmore Cottage, through instalments to keep it as their home in the UK.
They a currently paying about £18,000 a month to the sovereign grant.
The sum covers rent and the £2.4 million spent on refurbishing the cottage.
The Sussexes reportedly bought a mansion in Santa Barbara recently which cost £11.2 million.
This week it was revealed that the Sussexes have created their own productions company.
The name of their new venture is currently unknown.
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The Duke and Duchess of Sussex said they want to focus on content “that informs but also gives hope”.
As parents to their one-year old son Archie, the couple also plans to make “inspirational family programming”.
In a statement, the Sussexes said: “Our lives, both independent of each other and as a couple, have allowed us to understand the power of the human spirit, of courage, resilience and the need for connection.
“Through our work with diverse communities and their environments, to shining a light on people and causes around the world, our focus will be on creating content that informs but also gives hope.
“As new parents, making inspirational family programming is also important to us, as is powerful storytelling through a truthful and relatable lens.”
Ted Sarandos, Netflix’s chief content officer and co-chief executive, said he was “incredibly proud” that the Sussexes has chosen to strike a deal with the online streaming site.
He said: “We’re incredibly proud they have chosen Netflix as their creative home and are excited about telling stories with them that can help build resilience and increase understanding for audiences everywhere.”
Netflix gained global success with its royal drama series The Crown.
The series portrays the lives of Queen Elizabeth II and the Royal Family during her reign.
A fourth season is set to be released in November.
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