Netflix ends $100 million deal with Prince Harry and Meghan Markle

Prince Harry and Meghan Markle’s reported $100 million production deal with Netflix will not be renewed when it expires in September 2025, according to The Sun and PEOPLE. The decision to part ways is reportedly mutual, with no official public statement expected from either party.

The Duke and Duchess of Sussex first signed the multi-year agreement with Netflix in September 2020, committing to create a range of content including documentaries, scripted series, feature films, and children’s programming through their production company, Archewell Productions. While their initial docuseries Harry & Meghan became the most-watched documentary debut in Netflix’s history, subsequent projects generated more modest viewership.

Their recent releases include the lifestyle series With Love, Meghan, and Polo, a documentary executive-produced by Prince Harry. According to Netflix’s July 2025 Engagement Report, With Love, Meghan ranked No. 383 with 5.3 million views since its March debut. In contrast, Polo attracted only 500,000 viewers and ranked at No. 3,436. Despite the lower performance, a second season of With Love, Meghan is scheduled to premiere this fall, with Chrissy Teigen confirmed as a guest and Michael Steed returning as director.

Insiders told The Sun that Netflix executives were “mildly infuriated” by Meghan’s shift in focus toward her lifestyle brand As Ever, which launched in tandem with her Netflix show. Netflix remains a passive partner in the brand, which features curated products and has seen commercial success. CEO Ted Sarandos confirmed the company’s involvement, calling it a “discovery model” for Netflix’s consumer product division.

Despite the conclusion of their long-term deal, sources say there is no animosity between the couple and Netflix, and future one-off collaborations remain a possibility. Meanwhile, industry speculation suggests Paramount+ may be interested in working with Harry and Meghan on new projects, depending on the fit.

This development reflects a broader shift in Netflix’s business strategy, as the company scales back from large-scale celebrity production deals, including a similar adjustment to its previous agreement with Barack and Michelle Obama’s Higher Ground production company.