In 2020, Prince Harry and Meghan Markle, after stepping down from their royal positions, embarked on a new chapter in the US, establishing their company and foundation, Archewell.
While they collaborated with Netflix for a hit docu-series and had a promising deal with Spotify, the latter collapsed after just one season of Meghan's podcast. With uncertainties surrounding their multi-million dollar deals, there are speculations that the couple might be considering shutting down Archewell in favor of a potential collaboration with Paramount Pictures.
Recent rumors gained traction as Harry and Meghan attended the premiere of the Bob Marley biopic in Jamaica, sparking speculations of a partnership with the film's producers. However, in the past 14 months, five senior employees have left Archewell, with Bennett LaVine's departure being the most recent. LaVine, who joined as a coordinator in 2021 and was later promoted to manager, left amid claims of chaos behind the scenes.
PR expert Ryan McCormick suggested that the exits may be linked to the lack of content produced by Harry and Meghan for Archewell. Last year, reports surfaced that the couple worked only an hour a week on the business.
McCormick emphasized that content creation is essential for the organization's donors and media partners, highlighting the potential for more high-level employees to leave if the trend persists.
Rumors circulate that Netflix might not renew its deal with Archewell, leading the couple to explore opportunities with other broadcasting companies. Amid speculations, Tracy Ryon was appointed as the new head of scripted content at Archewell Productions.
The Sussexes are rumored to pitch a feminist-focused prequel to Charles Dickens's Great Expectations to Netflix. Despite their attempts to expand, reports indicate that the couple has lost 17 staff members since 2018, raising questions about the stability and effectiveness of their ventures in Hollywood.
