Lifestyle
Harry and Meghan under huge financial pressure, reportedly “fighting against the clock”
After having moved to the United States in March 2020, Harry and Meghan Markle immediately began to settle in. A little more than a month ago, the couple announced the birth of their second child, daughter Lilibet. And now, they are focused on creating their own careers. Meghan and Harry aim to take Hollywood by storm. They already signed deals with Spotify and Netflix. However, their lifestyle doesn’t come cheap, which might cause a problem, and all because of their new, fancy deals.
According to Royal commentator Daniela Elser, the couple are “fighting against the clock” to prove themselves in the world of entertainment. And if no success will come, they can be left with nothing. Meghan and Harry have been dealing with plenty of stuff the last couple of years. Ever since their split from the Royal Family, their relationship with the Firm hasn’t been at its best.
“William thinks Harry chose fame over family,” US Weekly’s Christina Garibaldi said in April.
“A source tells us that ‘William feels that Harry has got too big for his boots since moving to California and that success and Hollywood has gone to his head.”
Garibaldi added: “He’s already accused him of putting fame over family after the [Oprah] interview but is willing to give Harry one last chance to prove his loyalty to his family.” The Netflix and Spotify deals have great potential for both Meghan and Harry. However, they have also brought them a lot of pressure, especially regarding money.
According to Royal commentator Daniela Elser, the couple “have a lot to prove” and are “fighting against the clock” following their multi-million dollar deals with Netflix and Spotify.
Also, Elser adds that if Meghan doesn’t want to be “written off as a marketing gimmick,” they have to “prove they are worth the investment.”
“So far, they haven’t exactly set Hollywood on fire,” she added. “The problem with this paradigm is that their entire money-making ability is pegged to their ability to generate good PR.”
“Should interest in them wane, or public fatigue for the never-out-of-the-news duo set in, then their value could plummet.”
For the Spotify deal, Meghan and Harry got $33.5 million, as well as a structure deal between $1.85 and $3.7 million yearly from Netflix, according the Times. However things don’t look that great, according to Elser.
“Given their costs for security and their home in Montecito have been estimated at around $5.9million, they would need their productions to be smash hits,” she wrote.
Oprah Winfrey earned an Emmy nomination for Outstanding Hosted Nonfiction Series Or Special, for the Harry and Meghan interview. And according to Elser, Harry and Meghan will need one themselves in the near future if they are to survive the new, Hollywood lifestyle.