LONDON (Reuters) – Prince Harry and Meghan Markle’s multi-year deal with streaming giant Spotify has ended after just one series.
The Swedish company announced a partnership with the Duke and Duchess of Sussex at the end of 2020, after they stepped back from royal duties and began building new careers in California.
According to media reports, its value was estimated at over $20 million.
Meghan Markle’s Archetypes podcast, described on Spotify as “exploring, analyzing and subverting labels that hold women back,” features 12 episodes featuring Mariah Carey, Serena Williams and many more. Celebrities were in attendance.
The Duchess was named Top Entertainment Podcast Host at March’s Gracie Awards.
However, Spotify and the royal couple’s company issued a joint statement announcing that the deal for future series production has ended.
“Spotify and Archewell Audio have mutually agreed to part ways and are proud of the series they have created together,” the statement said.
The Wall Street Journal reported that the couple did not meet the productivity standards required to receive full payment from the deal because the terms were not disclosed when the deal was announced.
The podcast was one of many lucrative deals the couple made after moving to the United States. They’re also producing a documentary for Netflix, and Prince Harry’s memoir Spare broke records earlier this year by detailing his feud with his father, King Charles, and the rest of his family.
The prince has also been implicated in a number of high-profile lawsuits against British tabloids and this month became the first royal to give evidence in 130 years.
Reported by Muvija M.Editing: Angus McSwan
Our standards: Thomson Reuters Trust Principles.