Meghan Markle and Prince Harry are officially Hollywood producers. The Sussexes have signed a multiyear deal with Netflix, according to The New York Times. Their production company (the name has not been made public) will crank out documentaries, feature films, scripted show and children’s programming exclusively for Netflix.
In a statement, they said: “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. 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, “As new parents, making inspirational family programming is also important to us, as is powerful storytelling through a truthful and relatable lens. We are pleased to work with Ted and the team at Netflix whose unprecedented reach will help us share impactful content that unlocks action.”
Meghan has no plans to return to acting, but both may appear in documentary programs. The terms of their deal have not been released, but experts say it could be worth as much as $150 million.
“We’re incredibly proud they have chosen Netflix as their creative home and are excited about telling stories with them that can help build resilience and increase understanding for audiences everywhere,” said Ted Sarandos, Netflix‘s co-chief executive and chief content officer.
The pair moved to LA in March after stepping down from their senior royal roles. They recently bought a home in Santa Barbara. Both have made inroads into entertainment recently, with Meghan returning to her acting roots as a narrator on the Disney doc Elephant, and Harry appearing in the Paralympic Games documentary Rising Phoenix on Netflix.
