PRINCE Harry and wife Meghan’s £100million deal with Netflix has been scrapped.

The streamer will not renew their contract when it expires in September.

Meghan Markle holding a bag of pretzels in a kitchen.
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Prince Harry and wife Meghan’s £100million deal with Netflix has been scrappedCredit: Netflix

Meghan Markle and Prince Harry in a commercial for her Netflix series.
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Meghan’s lifestyle show failed to break into Netflix’s top 300 programmesCredit: TNI Press

Meghan Markle making bath salts in a kitchen.
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Fans were left disappointed by the show, slamming Meghan as being out of touchCredit: Netflix
The Sussexes and Netflix have mutually decided not to make an official announcement.

But streaming execs have quietly agreed to part ways.

It comes after Harry’s vanity project, Polo, about the sport, was watched by just 500,000 people.

It was also understood that bosses were mildly infuriated by Meghan making her As Ever brand a priority.

A source said: “The deal is done; no more shows will be made.

“Netflix feel they’ve got all they can from the couple.

“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.

“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 content got weaker from there on but, frankly, for £20million a year, anything was better than nothing.

“There’s no animosity from either side.

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“Things have just run their course.

“Netflix execs are well aware Meghan’s priority now is her own brand, and they won’t play second fiddle to that.

“Publicly, there will not be a statement and of course, if things change dramatically, they’d be open to a one-off project down the line.

“But for Harry, especially, this will be a blow.

“It’s a huge loss of revenue.”

Netflix CEO Ted Sarandos is believed to remain on good terms with Meghan.

The source said streamer Paramount+ was thought to be keen to work with the couple, who would be open to it if the right project came along.

Last month it was announced Netflix had signed a deal with King Charles and Idris Elba for a documentary exploring the impact of the King’s Trust.

 

And it was understood any deal with the Sussexes could be seen as a hindrance to that link-up.

Netflix declined to comment.

Screenshot of website promoting a cooking show.
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Bosses were mildly infuriated by Meghan making her brand a priority

Two glasses of rosé wine, a bottle of rosé, and apricots on a white cloth by a pool.
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Meghan’s new As Ever product range