While some reviews have stated Prince Harry and Meghan Markle’s manufacturing deal signed this week with Netflix might be value as a lot as $150 million, Hollywood insiders scoffed at the purported quantity and stated the ex-royals doubtless bought a lot much less.
“Grey’s Anatomy” hitmaker Shonda Rhimes has a reported $150 million cope with Netflix, whereas “Black-ish” creator Kenya Barris’ Netflix deal is reported to be value $100 million.
A prime Hollywood expertise agent stated he’d be “shocked if [the ex-royals’] deal was worth more than $2 million per year.” Others agreed and identified, “they are going to be producers, not content creators” like Rhimes.
An Oscar-nominated producer advised us, “Hollywood is all about ‘comps,’ ” which means comparable salaries across the business. “If I was their agent, I would’ve asked Netflix to give me the Obama money,” not the quantity of a confirmed Hollywood participant.
It has not been disclosed how a lot Barack and Michelle Obama made on their Netflix deal, or what number of years Harry and Meghan’s pact will run. They will launch a yet-to-be-named manufacturing firm, and Deadline reported that in growth to date are a nature docuseries and animated collection celebrating inspiring ladies.
An insider advised Page Six that Quibi and others had been trying to woo the couple earlier than they signed with Netflix.