Queen Elizabeth Supports Prince Harry and Meghan Markle's "Period of Transition" | THR News - video Dailymotion

The British monarch says she supports the decision of the couple to step down as senior royals, adding that they'll live between the U.K. and Canada.

Transcript

00:00The queen has spoken.

00:03We're finally hearing from the British monarch herself after Prince Harry and Meghan

00:07Markle shockingly announced that they're making their royal exit, or Megxit as some

00:11have coined it. The frenzy began last week when the Duke and Duchess of Sussex

00:15announced that they were planning to step down as senior members of the royal family.

00:19The shocking decision was followed by days of press speculation over how the royal

00:23family, particularly Queen Elizabeth, would handle the news. However, in a statement

00:28released Monday by Buckingham Palace, it seems that the queen is in full support of

00:32the couple's desire to step down as senior royal, saying,

00:35Her statement follows an afternoon of talks between the queen, Prince Charles,

00:56Prince William and Prince Harry, with Markle reportedly dialing into the conversation

01:00as she's currently back in Canada to be with their newborn Archie. The queen acknowledged

01:05in her statement that her family had had very constructive discussions regarding the

01:08future of her grandson and his family, and noted that the royal couple didn't want to

01:12be reliant on public funds in their new lives. The monarch also claimed an agreement

01:17had been reached for a period of transition where they would split their time between

01:21Canada, where Markle once lived, and the U.K. She concluded,

01:24News of the royal exit has sparked wall-to-wall coverage across British media and worldwide

01:37since it was announced last week. Commentators have argued that the decision was made in order

01:41to escape the relentless scrutiny they faced from U.K. tabloids, which have been criticized for

01:46their attitude towards Markle since her relationship with Prince Harry was first made public.

01:51Other media experts argue that life outside the royal family would not be any less private,

01:56but instead could open up lucrative options for the pair to commercialize their star power.

02:00Since the royal's announcement, Markle has already reportedly signed a voiceover deal with Disney

02:05on an unnamed project in return for a donation to the conservation charity Elephants Without Borders.

02:11For more updates to this story, head to THR.com.

02:14For The Hollywood Reporter News, I'm Neha Joy.