Big question about Harry and Meghan’s future finances
Wednesday - 11/01/2023 09:28Author: Editors DeskSource: News Corp Australia Network:
They’ve burned all their bridges in pursuit of a massive payday. As the world moves on, how do Meghan and Harry make money now?
At the end of Prince Harry’s exhausting memoir, there remains one big question: What now?
In Spare, the renegade royal digs up all the skeletons from his past – laying bare a fallout with his brother “Willy,” the strained relationship with King Charles (“Pa”), and his true feelings for stepmother Camilla, Page Six reports.
But after his $US20 million payday from Penguin Random House for a three-book deal, as well as yet more millions from Netflix for the Harry & Meghan docuseries, where does that leave the Prince, 38, and his wife, Meghan Markle, 41?
Holed up in their $20 million home in Montecito, California, the Duke and Duchess of Sussex are as isolated as ever from the royal family and with little path forward for reconciliation. And now even America is not sure what to make of them.
“They are on the edge. They have lost the sympathy vote,” global branding and public relations expert Mark Borkowski told Page Six.
Even the liberal New York Times published a piece titled: “Has Prince Harry’s Spare changed public opinion of him?” And Ronald Reagan’s daughter Patti Davis wrote a Times piece admitting that she regretted her own tell-all on her family, saying that she would have urged Harry to take a beat before publishing his book.
On Monday on NBC’s Hoda And Jenna, co-host and former first daughter Jenna Bush Hager told viewers she could not imagine writing about her twin sister Barbara as Harry does of Prince William, adding: “It’s sad … I can’t even imagine a world without her.”
Admitting that she has considered writing a memoir, Bush Hager said: “Sometimes you’re telling your story and your story is also the story of others … I’ve actually asked people, ‘Is this fair?’ Everybody has their own truth.”
Prince Harry seeks ‘American Dream’
When the Duke and Duchess of Sussex moved to California in March 2020 to embark on their “American Dream”, they swiftly signed big-money deals to tell their “truth” as a way to achieve financial independence.
As Page Six previously reported, the couple had been in talks with Netflix, as well as Oprah Winfrey, as far back as late 2018 – more than a year before reports surfaced that they wanted to leave their senior royal roles. They were not paid for the bombshell Winfrey interview that aired in March 2021, although it certainly laid the ground for what was to come.
And while he thanks Tyler Perry, who loaned the Sussexes his Los Angeles mansion in 2020, and Oprah Winfrey in the acknowledgments for his book, neither one has publicised Harry or the memoir on their social media platforms. Nor has neighbour Ellen DeGeneres, another celebrity pal, who has interviewed Meghan in the past.
“I suspect the ‘bunker mentality’ has left them threadbare on future messaging,” Mr Borkowski said. “As each interview landed, Harry exposed a deep well of emotional, unresolved pain. He should spend time and effort on dealing with the pain instead of turning it into a three-ring Barnum and Bailey circus act.”
And to think, there could have been more: At one point, Harry’s memoir was reported to be a two-parter, but that idea was axed, sources told Page Six.
But one Hollywood industry source wondered: “How do Harry and Meghan make money now?”
Plans in the pipeline
The Sussexes are next teaming up for a book that has been described as focused on “leadership and philanthropy” – and Page Six has been told that Meghan could be writing her own memoir.
The Hollywood source revealed that the Sussexes signed a three-year deal with Spotify, but it’s not yet known whether Meghan’s podcast, Archetypes, will be back for a second season.
“With the economics of the entertainment industry being so troubled at the moment, will Netflix also want to extend or renew their deal?” the source asked.
The source also said that, although the Sussexes had been in talks for various branding deals, nothing has been signed.