Harry and Meghan sign reduced deal with Netflix

Prince Harry and Meghan Markle will continue to develop film and TV projects for Netflix but on more limited terms, the streaming giant announced on Monday.

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The estranged British royal and his wife have worked with Netflix since 2020, producing documentary Harry & Meghan and lifestyle series With Love, Meghan.

The latter showcased the Duchess of Sussex as a thriving domestic maven, hosting guests, harvesting honey and mixing bath salts against an idyllic California backdrop. It has been extended for a second season, and a holiday special due in December, Netflix said.

But while the pair's previous Netflix deal bought the streamer exclusive rights to their output, the new multiyear agreement is a “first look deal”.

In Hollywood parlance, this means Netflix has the right to say yes or no to a project before Harry and Meghan’s media company Archewell Productions can shop it around other studios.