The decision of Prince Harry and Meghan Markle to step down from their royal duties created a massive upset for the royal family. The couple who is now based in America have been seeking financial independence from the royal institution, and although their prospects were bright when they officially left the family, due to the pandemic their number one plan for sourcing out income has gone down the drain.
Harry and Meghan signed a contract with a talent agency, Harry Walker earlier this year. The agency is well known and is the number one agency for key speakers.
Based in New York, Harry Walker represents many great talents, including Barack and Michelle Obama, The Clintons, and Serena Williams. So it was no question that the Sussex’s sign with them as well.
Harry and Meghan initially planned to create a fortune through speaking engagements. Their name and title, which is known all over the world, could easily get them six-figure gigs.
But now, due to the pandemic, speaking engagements have been stopped and the couple’s plans are on hold. They have been continuing to do virtual conferences but according to sources, all of this is for free.
The couple’s recent move, signing a huge deal with Netflix was something unforeseen for the couple but it was not something they wanted to jump into immediately, but due to the pandemic and their need to be financially stable, the deal came earlier than expected.
"I don't think it was any great secret that when they moved to California, this was going to be a genre they dipped their toes into. The simple fact is that after stepping down from the Royal Family, they had to find a way to make money. One of the plans which had been public speaking is now very much on hold because, of course, in this global pandemic they can't be doing that. TV production is really very much the new direction that they planned to be going in”, Vanity Fair's Royal Correspondent, Katie Nicholl told BBC Breakfast
Harry and Meghan released a statement regarding their deal with Netflix and their goals with their new venture. The couple who have charities they are supporting and are activists for many causes revealed that they will use their new platform to raise awareness on important topics.
It is also rumored that the couple is in talks with Spotify for a podcast deal.
There are numerous rumors going around that Meghan is also seeking a political career in America after her recent stint with ‘When All Women Vote’ initiative, which seeks women empowerment and raising awareness on complicity.