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NETFLIX CEO Cancel Deal With Meghan Markle In Urgent Meeting After nine month Losses

In 2020, Prince Harry and Meghan Markle inked a significant production deal with Netflix, reportedly valued at around $100 million. 

NETFLIX CEO Cancel Deal With Meghan Markle In Urgent Meeting After nine month Losses

The aim was to curate a range of TV shows, documentaries, and more that would inspire and empower audiences worldwide. However, recent reports suggest that not all is smooth sailing behind the scenes. According to insiders, Netflix CEO Reed Hastings has been dodging Megan's calls and disregarding her ideas and proposals. 

It appears that Hastings has been neglecting Megan's pitches, leaving her messages unanswered for weeks. Allegedly, Megan has been persistently reaching out to Hastings to discuss potential projects and move things forward, but he remains unresponsive.

Sources indicate that Hastings is growing increasingly frustrated with what he perceives as Harry and Megan's unrealistic expectations regarding their Netflix deal. He reportedly views them as disconnected from the realities of the film industry and its workings. Hastings believes that the couple might have assumed that their royal titles alone would secure them blockbuster shows and movies without putting in the necessary groundwork. However, creating quality content for Netflix demands extensive development, networking, and deal-making, aspects which Harry and Megan may not have fully grasped.

The situation has placed Hastings in a challenging position. While acknowledging the star power of the Sussexes, he remains committed to greenlighting projects that promise both creative excellence and commercial success. Despite their fame, Harry and Megan are yet to present tangible creative concepts or projects that align with Netflix's standards. Hastings feels a professional obligation to prioritize value and performance over mere celebrity status.

There appears to be a cultural disconnect between the expectations Harry and Megan brought from their royal background and the reality of Hollywood. While accustomed to privilege and influence, they may have underestimated the importance of establishing solid creative partnerships and delivering compelling pitches in the entertainment industry.

Hastings holds Prince Harry accountable for potentially misleading Megan about the challenges of the entertainment industry's development stage. In hindsight, it seems Harry might have oversimplified the process, failing to adequately prepare Megan for its complexities.

From Hastings' perspective, Netflix cannot afford to greenlight projects solely for PR purposes or to appease Harry and Megan. With shareholders to satisfy and a business to run, Hastings must ensure that every project promises genuine value and potential success. As tensions rise, social media has become a battleground, with royalists and supporters of the Sussexes accusing Netflix of disrespecting Megan while industry insiders defend Hastings' cautious approach.

Ultimately, this situation serves as a valuable lesson for Harry and Megan. Despite their fame and fortune, success in any industry demands hard work, innovative ideas, and collaborative efforts. The pressure is now on for the couple to demonstrate their creative prowess, align with Hastings' vision, and deliver compelling pitches that justify their lucrative Netflix deal. Only time will tell if they can rise to the challenge and secure their place in the competitive world of entertainment.

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