Meghan Markle & Prince Harry Bounce Back with New Netflix Deal

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00:00Meghan Markle and Prince Harry bounce back with new Netflix deal.

00:04According to new reports, Meghan Markle and Prince Harry have been offered a major new deal by

00:08Netflix, which is still eager to collaborate with the royal couple despite past setbacks.

00:14Insiders note they still have support from Netflix boss Ted Sarandos and might score a

00:18first-look deal similar to Barack and Michelle Obama's $65 million arrangement. Despite poor

00:24ratings, Meghan plans to film a third season of her lifestyle show, with Love, Meghan,

00:28possibly coinciding with holidays. The most successful project they've done was their

00:332022 tell-all documentary Harry and Meghan, but it's unlikely the pair will go down that route again.

00:40Meanwhile, Meghan is also focusing on the best ways to grow her lifestyle brand.

00:44The brand was launched in partnership with Netflix this spring, with Meghan personally

00:49registering the trademark and Netflix taking on a managerial role, thus providing some staff to

00:54support its operations. According to the Daily Mail, she is mulling the best ways to evolve her

00:59brand, which she wants to keep affordable. Her primary concern is to ensure accessibility,

01:05aligning her vision with the needs of a broad consumer base that appreciates cost-effective

01:09options. She also wants to make sure that it maintains quality as it grows, building on the

01:14success of her crepe and biscuit mixes, flower sprinkles, and controversial $30-a-bottle

01:20rosé wine, which have sold out instantly. Her ability to maintain product quality is critical

01:25in fortifying brand loyalty and securing future sales. However, according to Lauren Sherman of news

01:31site Puck, the business is excruciatingly small. Sherman noted that products sold out because the

01:37volume was limited. She questioned why Meghan, who has significant product influence, didn't partner

01:42with a licensing firm or secure capital to launch a goop-style business. But challenges exist.

01:47Meghan is highly polarizing, potentially deterring prospective buyers. Additionally, an ex-Sussex

01:54employee remarked the couple often makes poor decisions, despite seeking advice, which they rarely heed.