Spotify could cut another 200 jobs after Meghan Markle and Prince Harry’s famous audio deal, the podcast “Archetype,” fell short of expectations. Nothing seems to work for Prince Harry and Meghan Markle. At first it was a run-in with the British royal family, but now Meghan Markle and Prince Harry’s podcast “Archetypes” is being funded after Spotify paid Meghan Markle more than $18 million for the show. could not be collected. And let’s not forget the rumors of Prince Harry and Meghan Markle’s divorce.
Spotify could cut another 200 jobs after Meghan Markle and Prince Harry’s high-profile audio deal fell short of expectations, according to a report in the Hindustan Times. The company reportedly paid more than $18 million for Markle’s podcast “Archetypes.” The Swedish streaming giant has now been forced to part ways with several staff members.
Spotify laid off about 6% of its 6,600 employees in January. According to the New York Post, 2 percent of the streaming platform’s workforce is said to be laying off right now, and Spotify’s head of podcast operations, Sahar Elhabashi, said in a blog post: is written as We will be downsizing our group and cutting our global podcasts division and other divisions by about 200, which is his 2% of Spotify’s workforce. ”
“Unfortunately, this means saying goodbye to close colleagues and friends. We know news like this is never easy, especially for those affected. These decisions are not taken lightly by us and we would like to thank those who are leaving for everything they have done for podcasting and Spotify,” he added.
The New York Post report also said the cuts are what the company expects in the podcast space, despite spending billions to distribute Markle and Joe Rogan’s podcasts on its platform. It is proving that it has not achieved the desired results.
But Markle’s podcast, “Archetype,” has struggled to hold the top spot since its debut in August 2022, and by November the podcast had slipped to number 22 on the charts. Logan’s podcast has been hit with a series of controversies, ranging from misinformation about the COVID-19 vaccine to accusations of racial slurs and anti-Semitic comments.
In 2021, Meghan Markle and Prince Harry reportedly received a hefty $25 million prize from Spotify for singing on the dotted line in a high-paying audio deal. Most recently, at the 48th Annual Gracie Awards, Markle picked up the podcast gong and was honored, even though she wasn’t there.
The podcast has also been at the center of several controversies, including the spread of misinformation about the COVID-19 vaccine. The show was also accused of making anti-Semitic comments and racial slurs. Earlier reports said Spotify paid Prince Harry and Markle $25 million to sing for a high-paying audio deal.
Prince Harry and Meghan Markle have decided to stop producing shows and writing memoirs critical of the British monarchy. The sudden change would prevent further attacks on the royal family and avoid revealing additional details about the decision to step back from royal duties.
Amid divorce rumors, Prince Harry and Meghan Markle have also said goodbye to Netflix shows and revealing memoirs. A source said: Sun A couple submits to a magazine that they have run out of things to discuss, which the audience will welcome, and the audience is just fed up with their complaints. And if Prince Harry plans to return to Britain without Meghan Markle, many British experts speculate, it’s time to stop embarrassing the British monarchy. Noda.
Meanwhile, there have been strong rumors about Prince Harry and Meghan Markle’s divorce. GeoTv reports that Prince Harry and Meghan appear to be going their separate ways after five years of marriage, according to an article published on the Duke and Duchess of Sussex’s fifth wedding anniversary. In fact, sources say Prince Harry has another room ready to escape Meghan Markle.
(Added information from agency)
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