Prince Harry and Meghan Markle are extending their Netflix partnership , but we hear their new contract is “much” less than their previous “$100 million deal” with the streaming company.
“It’s not much,” an insider told Page Six on Monday. “It’s no risk for Netflix but saves them both reputationally.”
Reps for the couple did not immediately respond to Page Six’s requests for comment.
Harry and Markle’s company, Archewell Productions, and Netflix announced Monday that the couple agreed to a new first-look deal ahead of their current contract ending in September.
Under the new deal, the Duke and Duchess of Sussex will still have to run their ideas by Netflix. From there, the streaming service will decide whether it wants to obtain project rights to the duo’s pitches.
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