Harry and Meghan could face financial worry despite multi-million media deals

Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex smile during their visit to Canada House in thanks for the warm Canadian hospitality and support they received during their recent stay in Canada, on January 7, 2020 in London, England.
(Image credit: Getty Images / DANIEL LEAL-OLIVAS - WPA Pool)

Prince Harry and Meghan Markle could face ‘financial trouble’ if their very lucrative media deals don’t pay off according to a royal commentator.

  • Since moving to their new LA home, Prince Harry and Meghan have taken on numerous multi-million dollar deals with Netflix and Spotify.
  • But royal commentators believe they could face financial difficulties if the deals don’t pay off.
  • This follows royal news (opens in new tab) that we could see even less of Prince George after England's defeat in the Euro 2020 final.

Prince Harry and Meghan stepped down as senior royals (opens in new tab) from 'the Firm' in 2020, and since their move to LA (opens in new tab), have signed several lucrative media deals.

The couple has a multi-million dollar deal with Netflix (opens in new tab) and a podcast deal with Spotify (opens in new tab). Most recently Meghan has even written her own children’s book, The Bench (opens in new tab).

The royal couple has found success in America but one royal commentator, Daniela Elser says they could face ‘financial trouble’ if the deals don’t pay off.

Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex attend the Commonwealth Day Service 2020 at Westminster Abbey on March 9, 2020 in London, England.

In an article for news.com.au (opens in new tab), she wrote that with the big deals with Netflix and Spotify, come pressures to deliver. She said, ‘The problem with this paradigm is that their entire money-making ability is pegged to their ability to generate good PR.”

She explains that “given their costs for security and their home in Montecito have been estimated at around $5.9 million, they would need their productions to smash hits.”

However, the couple, who recently welcomed their second child together, baby Lilibet, seem to have more and more exciting business opportunities up their sleeves.

It was recently announced that Meghan has signed another deal with Netflix for her very own animated series. Which Fans think is based on her life (opens in new tab), due to the main character's name, Pearl.

Their bombshell interview with Oprah Winfrey has also been nominated for an Emmy for ‘Outstanding Hosted Nonfiction Series Or Special.’

Naomi Jamieson
Lifestyle News Writer

Naomi is a Lifestyle News Writer with the Lifestyle team and has recently earned her Gold Standard Diploma in Journalism from the NCTJ. She has a background in design, having studied Illustration at Plymouth University but has taken a leap into the world of journalism after always having a passion for writing. She currently writes pieces on beauty, fashion, and entertainment for Goodto.com and My Imperfect Life.