news 
Title: “Nail in the coffin” for Prince Harry and Meghan Markle’s $100m Netflix deal as their Archewell Productions faces severe financial strain
In a shocking twist, it appears that Prince Harry and Meghan Markle’s highly anticipated Netflix deal has hit a major roadblock. According to sources, the couple’s production company, Archewell Productions, is facing severe financial strain due to poor sales of Meghan’s As Ever wine brand.
The news comes as a devastating blow to the couple’s ambitious plans for their streaming service, which was meant to be a flagship project. The Prince and Duchess had signed a massive $100m deal with Netflix in 2022, sparking speculation about their future plans in the entertainment industry.
However, insiders claim that the wine brand’s dismal performance has put significant financial pressure on Archewell Productions. “It’s been a disaster,” said an anonymous source close to the situation. “The numbers are atrocious, and it’s becoming increasingly difficult for them to justify the massive investment.”
As a result, the couple is reportedly re-evaluating their plans for the streaming service, which was expected to be a major player in the market. It’s unclear at this point whether they will continue with the project or pivot towards other ventures.
This development comes as a significant setback for Prince Harry and Meghan Markle, who have been heavily promoting their wine brand through social media and various publicity stunts. The couple had also received an enormous amount of backlash from critics and fans alike over their perceived lack of expertise in the beverage industry.
The royal duo’s financial woes have added fuel to the fire, with many questioning their suitability for a high-profile entertainment venture. It remains to be seen whether they can recover from this major setback or if it will signal the end of their Netflix deal altogether.
Sources:
Source: www.dailymail.co.uk
