Prince Harry and Meghan. , Photo Credit: Reuters
A media conglomerate run by Britain’s Prince Harry and his wife, Meghan Markle, has struck a multi-million-dollar deal that is ending by mutual agreement with streaming giant Spotify, both parties said on Thursday.
The pair have produced just one series since signing a $20 million deal in 2020 under their Archwell Audio podcast imprint. that show, markle’s archetypeThe podcast has topped the charts for the outlet in many markets, with listeners flocking to their discussions with influential women.
But both sides said in a joint statement that the deal was nearing completion.
“Spotify and Archwell Audio have mutually agreed to part ways and we are proud of the series we have created together,” the statement read. The trade title Variety reported Thursday that Spotify was hoping for more content, citing an unnamed source.
Harry and the Duchess of Sussex were looking for a new home for their belongings. Diversity said citing another source.
Harry, the younger son of Britain’s King Charles, married the glamorous former American television actress Meghan, who is of mixed race, in 2018 in a flurry of positive coverage that has helped bring the tradition-bound monarchy into the 21st century. Looked ready.
But relations between the couple and the family soured in later years, with allegations Markle had been a victim of racism.
Harry and his wife stepped back from royal life and moved to California, from where they continued to run bricklayers at the institution.
Most explosively there is an autobiography from the 38-year-old prince, a Netflix docu-series and a high-profile interview with Oprah Winfrey.
Since stepping down from royal duties, the couple have sought to make money through media ventures.