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Prince Harry and Meghan Markle’s embarrassing Netflix deadline looms

When the current history of Hollywood gets written, April 19, 2022 will go down as the day that everything changed.

It should have been a routine earnings call during which Netflix co-CEO Reed Hastings took tech and business reporters through the company’s latest figures. Instead, Hastings revealed that the company had lost hundreds of thousands of subscribers for the first drop in numbers in 10 years.

The revelations immediately set off something of an earthquake from Wall Street to Los Angeles, with $75 billion in value being wiped off the company’s value in 24 hours.

Why this matters are the consequences this precipitous, stunning reversal in fortune could have for two people about 450km south of Netflix’s headquarters, in the wealthy enclave of Montecito.

In the course of that one earnings one call, not only did the streaming giant’s once-unassailable hold on the entertainment industry come unstuck, but so too did the supposedly cashed-up future of Harry and Meghan, Duke and Duchess of Sussex, start to look much less certain.

Monday marks 712 days since the world learned on September 2 2020 that the newly self-emancipated Sussexes had signed a reported $US140 million ($A197 million) deal with Netflix via no lesser news outlet than the New York Times with the story trumpeting the duo’s “new Hollywood careers”.

But today, those “new Hollywood careers” have yet to actually take off while once mighty Netflix has lost more than $US200 billion ($A280 billion) in value (yes, billion with a ‘b’) this year.

Nearly two years on from all the self-contributory ballyhoo of September 2, 2020, the landscape for both the titled duo and the streamer has significantly shifted beneath them all.

Will – or even can – the Sussex/Netflix marriage survive?

Not only have the fortunes of Netflix lurched wildly since 2020 but so have Harry and Meghan’s.

At the time the deal was announced, it seemed like the most obvious and logical pairing: Two of the most famous people in the world would worthily churn out documentaries or some such; inreturn; Netflix got to tout the fact that they had a real life Duke and Duchess on their books. Harry and Meghan would get squillions; the company would reap the rewards of the PR coup of the decade.

However, the royal duo are not exactly the sizzlingly-hot property they were back then now are they?

More than 30 months have passed since Harry and Meghan absconded from a life of stifling royal duty for the greener pastures of California and that lucrative embrace of corporate America.

In that time they have managed to ink a series of headline-making deals, including also with Spotify, the coaching company BetterUp and with Ethic, a fintech asset manager, along with launching their charitable foundation and undertaking a seemingly never ending parade of photo opportunities. .

On paper it sounds like it’s been a whirligig of achievement and just the sort of industrious self-starting that America was founded on. Except … what have they actually achieved?

Yes, they have made a series of donations to causes ranging from the World Food Kitchen to helping fix a women’s shelter’s roof after a storm which reflects their generosity and hunger to help others. Kudos. But writing a check here and there is hardly the sort of work that will ever see them make the long list for the Nobel Peace Prize.

Sadly, for two people who seem to truly care, there is not one issue, not one cause they have really moved the needle on since they embarked on this new life of theirs.

More importantly for their Netflix and Spotify paymasters, they have failed to genuinely set themselves up as leading voices of the day. They might do their darnedest to sell themselves as inspiring leaders but the proof is in the flaccid pudding that was the lackluster turnout to Harry’s recent UN speech from him.

The international community was hardly turning up in droves to hear him speak while Washington has largely ignored them.

Meghan’s cold-calling of senators about paid parental leave last year went down about as well as a gluten and dairy-free scone at a Buckingham Palace garden party and the Duchess has yet to emerge as any sort of powerplayer ahead of the midterm elections later this year.

In late June, the former actress took part in a conversation with feminist pioneer Gloria Steinem for fashion after the horrendous quashing of abortion protection, saying: “Well, Gloria, maybe it seems as though you and I will be taking a trip to DC together soon.”

Nearly two months on, the Duchess has yet to turn up inside the Beltway.

The bottom line is this: Harry and Meghan have proven totally unsuccessful at making themselves matter in the corridors of power in Washington, New York, Silicon Valley or Los Angeles.

The magic dust of their royalty has largely dulled in the last two years and the novelty factor has worn off. So too has their deal-making momentum seemed to have waned with them not having announced any other venture since July 2021 last year when it was revealed Harry was busy working on a memoir.

Things might look different today if in the last 712 days the Sussexes had been churning out series after doco after one-off specials for Netflix, but as we all know, that is not the case. The company has only ever publicly announced two Sussex projects: Harry’s documentary about the sporting event for wounded armed services personnel Heart of Invictus (an amazing initiative he started years ago as a working member of the royal family) and an animated children’s series from Meghan called Pearl.

In early May it was announced that Netflix was axing the Duchess’ show as part of a much bigger cost-cutting move, with numerous high-profile projects canned as the streamer dramatically tighten their belts.

Then later the same month came news that the company was about to get, as Page Six put it, their “pound of flesh” from the duo with the revelation that Harry and Meghan were already filming something called an “at home” docu series which has a hint of the ignominious about it. (More recent reporting has suggested that Netflix wants it to air before the year is out.)

Potentially hundreds of millions of dollars are riding on this docu series for the self-supporting, private jet-flying, polo-loving Sussexes.

If it turns out that the Duke and Duchess are TV gold, if they are about to demonstrate that they are binge-worthy stars who can pull in streaming viewers globally, then their US careers are set. Get another polo pony! Hell, buy seven.

But, if they fail to live up to the hype and the rhetoric? The huge sums being touted and all those lovely millions supposedly coming their way could dry up faster than a Californian lake.

(And it’s not as if their docuseries is likely to feature much royal access given that Harry and Meghan were embarrassingly sidelined by The Firm when they were in London for the Platinum Jubilee.)

Netflix is ​​clearly a very patient company when it comes to their superstar recruits. Take Barack and Michelle Obama who signed to Netflix and Spotify after they left the White House.

However, this week, Harry and Meghan will break the Obamas’ track record of the 716 days which elapsed between their Netflix deal being announced and their first marquee project starring one of them, coming, being released. (And in the interim they had released two children’s shows and produced two documentaries, one of which won an Oscar.)

Harry and Meghan might have titles and the Buckingham Palace Wi-Fi password but that is not enough of a distinction for big companies to merrily tip millions into their bank accounts for the chance to work with them. They have to actually do something to provide themselves.

They can’t just hope they can coast along on the whiff of a mothballed HRH here forever more.

Since that earnings call in April, Netflix has laid off hundreds of staff and made the drastic decision to finally introduce advertising to the platform. Can the company still afford to carry big name stars who don’t deliver on their books?

Just how much patience and faith will this newly humbled Netflix have for their yet-to-perform big-name hires?

To some degree, the same goes for Spotify too here.

In April, Meghan’s first outing for the audio giant called Archetypes was announced, promising a “groundbreaking” series would launch during the northern summer. With only weeks to go before autumn begins, again, the clock is ticking.

Daniela Elser is a royal expert and a writer with more than 15 years’ experience working with a number of Australia’s leading media titles.

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Entertainment

Prince Harry and Meghan Markle’s unprecedented pressure after 12 hellish days

The very best thing about being Harry and Meghan, Duke and Duchess of Sussex, right now, as far as I can tell, is that no one is going to make them go to Birmingham. On Friday, the Commonwealth Games opened in the Midlands city and in the coming days, various members of the royal family will be sent forth to do their flag-waving best.

Never mind that much of Europe is busy slathering on the SPF 50 or that the Queen has begun her usual summer hols or that the beaches of Mustique are calling. To be a working member of the British monarchy this week requires that all available HRHs front up while looking jolly pleased to have to wear a Team GB polo shirt and watch badminton.

Having absconded more than two and a half years ago for sunnier climes and fatter bank accounts, this sort of tedious duty is no longer part of the Sussexes’ lives.

Small mercies, huh?

However, aside from the fact that the couple won’t have to contend with so much polyester and so many hours of archery anytime soon, things are not exactly looking that rosy over Montecito way, with the couple having taken hit after hit over the last 12 days or so.

Rewind to July 18 and Harry and Meghan were jetting into New York where they had an appointment at the UN, with the duke having been asked to give the address to mark Nelson Mandela Day. In the couple strode to the famed building’s foyer, a masterful demonstration of what has become a hallmark of their post-royal careers – purposefully marching into the important buildings for supposedly important meetings and events after which … nothing much would seem to happen.

Anyway, they were back! Back at doing their quasi-royal darnedest! Harry had a speech, Meghan had a Jackie O-esque black dress – what could possibly go wrong?

Well, for one thing, not that many people turned up. As the Duke of Sussex gave his address to him, talking about climate change (conveniently forgetting that the family uses private jets on the reg), disinformation and abortion rights (all the good stars on these fronts) the vast majority of the seats were visibly empty.

For whatever reason, the bulk of the great and good of the international body would seem to have decided to be elsewhere and not watch the sixth in line to the throne have a crack at international statesmanship. (Maybe the UN cafeteria was serving waffles?)

If Harry looked grim when the couple was caught by the paparazzi leaving Italian restaurant Locanda Verde, he had every reason to look sour. That week saw the publication of biographer Tom Bower’s Revenge: Meghan, Harry and the War Between the Windsors.

Bower’s book is a largely unrelenting, highly unflattering take on the Sussexes, casting them as fueled by ego and some misguided notion that Meghan was going to be Diana mark two, aside from the fact that, in the biographer’s telling, she seemed to have no interest in the monarchy, no willingness to learn its fusty ropes and little enthusiasm for the boring parts of HRH-dom.

As the week progressed, Bower did the press rounds, offering a series of caustic takes including that he thought “they pose a real threat to the royal family” and labeling the duchess “a very scheming” person.

What is surprising has been the reaction from Montecito, with the Sussexes having so far not commented. While in the past, the duo have filed multiple court cases against various media outlets and sent out legal letters during the storm over their daughter Lilibet’s name, however in this instance they have remained staunchly silent.

Then came the development playing out in a court in Florida when lawyers for the duchess got into the “subjective” nature of truth. Earlier this year, the former actress was sued by her estranged half-sister Samantha Markle for allegedly telling “false and malicious lies” during her bombshell Oprah Winfrey interview last year.

This week, the Duchess of Sussex’s lawyers moved to dismiss the case, with legal papers filed by their side arguing that Meghan’s description of growing up “as an only child” during the interview was “obviously not meant to be a statement of objective fact” and was “a textbook example of a subjective statement about how a person feels about her childhood.”

While it’s an argument that has more than a tinge of Philosophy 101 (what is truth?) this strategy then raises an obvious question: If Meghan’s characterization about her upbringing was “subjective” then were any of the other devastating claims she made during the two -hour tell-all “subjective” too?

One bright spot on the horizon for the duo during all this was Harry’s successful appeal to the High Court for a judicial review over the Home Office’s decision to no longer automatically grant him full-time bodyguards when he is in the UK.

Except, even this was not exactly a slam dunk; just because the review was granted does not mean it will automatically be successful.

Then there is the cost of the whole legal imbroglio. the Sun has reported that the UK government has spent $156,000 on the case from September last year to May 2020. If Harry’s costs are similar then that would mean he has also spent well into the six figures to argue the case over his security arrangements which only pertain to the handful of days per year he has spent, on average, in the UK since quitting.

That bill could only go up if he ultimately loses the case, with the Home Office having previously said it will look to recover costs if they win.

While August is a traditionally quiet month on the Planet Royal, the rest of the year is shaping up to be a barnstormer of a doozy.

Harry is looking down the barrel of some of the most monumental months of his life since the sonic boom of Megxit, with news his memoir will be published before Christmas and with Page Six having reported that Netflix wants the couple’s “at home” docu series (shush you in the back there yelling “reality show”!) to hit screens this year too.

This book and show will very likely prove to be huge commercial successes for the couple, much needed professional wins after having released exactly no content up until this point for the streaming giant, since 2020 – but at what cost?

If either or both of these projects are focused on little more than the Sussexes launching a fresh volley of complaints about their treatment by the royal family, interspersed with some vignettes of them doing some caring, then they could be playing with fire.

If this scenario came to pass, they would run the risk of looking dangerously like little more than perpetual whingers who are clinging to the self-appointed victim status inside their $20 million mansion at a time when war, fire, floods and monkeypox are blighting the world.

Then there is what toll these two releases could take for his tattered relationship with House of Windsor, a bond that is reportedly hanging by a thread.

as the Sun’s former royal editor Duncan Lacrombe recently told the Daily Beast: “Once the book is out, William will have to make a decision about what he is going to do about Harry, but he is not going to do a thing until he knows what is on.” every page of that book. The reality is that if, as a senior member of the royal family, you have written a tell-all book, you have broken rule No. 1 of the royal family.”

If Harry’s book and/or their Netflix series sees them paint big fresh targets on the monarchy’s backs then will Queen & co. sit idly by and suffer through a fresh hellish round of monarchical character assassinations?

Thus far the Sussexes’ repeated media provocations have been met with a certain imperiousness and contrived dismissiveness from London but should the duke and duchess continue to bait the royal family but we might soon discover that The Firm has some very sharp teeth.

For example, the duo do still, of course, use their gifted Sussex titles from the Queen, day in and day out. While only parliament could officially revoke those titles, that is not to say the weight of the Crown and Harry’s father and brother could not be brought to bear pressure on them to no longer use them.

Would Prince Harry and Meghan Mountbatten-Windsor (or Prince Harry and Princess Henry of Wales) as they could only then call themselves be quite so marketable for Hollywood?

There is so much on the line for them in the coming month – their image, reputations, careers and potentially even a large chunk of money. But, there is always a sliver lining: At least no one is going to be making them sit through a table tennis match any time soon.

Daniela Elser is a royal expert and a writer with more than 15 years’ experience working with a number of Australia’s leading media titles.

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