Meghan and Harry’s $100 million Netflix deal will NOT be renewed

Meghan Markle and Prince Harry’s multi-year deal with Netflix will not be renewed when it expires in September.

The Duke and Duchess of Sussex signed a reported $100 million agreement with the streaming service in 2020. Now, as the contract nears its end, it will conclude without renewal, The Sun reports.

A Hollywood insider confirms to PEOPLE that the couple’s multi-year production deal will not be extended, reflecting a shift in Netflix’s broader business strategy.

“There’s no animosity from either side,” a source tells The Sun. “Things have just run their course.”

The non-renewal of Meghan and Harry’s $100 million Netflix deal doesn’t preclude future collaborations between the couple and the streaming giant. In fact, Meghan’s second season of With Love, Meghan is set to premiere this fall on Netflix.

Netflix has been moving away from these large, multi-project agreements. A similar shift occurred with their deal involving former President Barack Obama and Michelle Obama’s Higher Ground production company, which evolved into a first-look agreement. While the exact financial terms were never publicly confirmed, reports in 2018 speculated the initial deal was valued in the high eight figures, close to $100 million.

The news comes as new viewership data has been released for the Duchess of Sussex’s lifestyle series, With Love, Meghan, which premiered on March 4.

According to Netflix’s latest Engagement Report, released on July 17 and covering the first half of 2025, the series ranked at No. 383 with 5.3 million views.

Meanwhile, Polo — released on Dec. 10 and executive-produced by Prince Harry and Meghan — was watched by 500,000 households and came in at No. 3,436.

The couple’s 2022 docuseries Harry & Meghan remains Netflix’s most-watched documentary debut to date.

“Netflix were clever in that they got a hell of a lot of viewers for the first documentary series, and knew, realistically, it would prove the zenith of content from the Montecito pair,” the source told The Sun.

“They’re not unhappy with how things turned out — they got those initial hits, and produced one of the most talked-about shows of all time,” the source added.

On March 12, a week after the show’s debut, With Love, Meghan ranked tenth on Netflix’s global Top 10 Shows Overview list, having amassed 2.6 million views and 12.6 million hours watched. At the time, it ranked seventh on Netflix’s Top 10 Shows chart in the United Kingdom and tenth on the platform’s Top 10 list in the United States.

The Duchess of Sussex serves as both host and executive producer for With Love, Meghan, which was filmed in Montecito, California, where she lives with her family. In the first season, she hosted friends like Mindy Kaling and shared her cooking, entertaining and lifestyle tips and tricks.

Meghan launched her lifestyle brand, As Ever, alongside the series, and it has since seen several sell-out launches with more products on the way. Netflix is also a partner in the brand.

As ever launched in partnership with Netflix’s CPG division, and Netflix’s CEO Ted Sarandos said in March, “We’re a passive partner in Meghan’s company, and it’s a big discovery model for us right now.” Many of the As ever products were featured on With Love, Meghan.

Season two of With Love, Meghan has already been filmed and will hit Netflix queues this fall, with Michael Steed returning as director and Chrissy Teigen being the Duchess of Sussex’s first confirmed guest star. With Love, Meghan was the fifth project to be released from Harry and Meghan’s deal with the streaming service.

It was revealed that Harry and Meghan had signed a multiyear deal with Netflix back in Sept. 2020, with the New York Times reporting at the time that their production company was set to make documentaries, docu-series, feature films, scripted shows and children’s programming exclusively for the streaming giant. 

“Our lives, both independent of each other, and as a couple have allowed us to understand the power of the human spirit: of courage, resilience, and the need for connection,” the Duke and Duchess of Sussex previously said in a statement.

“Through our work with diverse communities and their environments, to shining a light on people and causes around the world, our focus will be on creating content that informs but also gives hope,” they added.