Earlier this month, we reported that Netflix had finally cut ties with Meghan Markle, the wife of Prince Harry. This comes after multiple projects of hers flopped for the streaming service.
Now, insiders are claiming that Meghan has left Netflix “millions” of dollars in the hole with her severed deal revolving around her As Ever brand.
Meghan Cost Netflix ‘Millions’
Meghan’s As Ever partnership with Netflix lasted just eleven months before it came to an unceremonious end. It was meant to involve Meghan selling her As Ever products in tandem with her show With Love, Meghan. However, after the first two seasons of that show flopped miserably with fans and critics alike, Netflix decided not to renew the series for a third season.
“Netflix put millions behind this deal and I don’t think they saw a return whatsoever. They just cut a loss,” one company insider told Page Six.
Meanwhile, another Netflix staffer said that “there is no love lost” between employees at the streaming service and Meghan.
“There are a lot of people who really did not enjoy working with Meghan on With Love…,” this source admitted.
Meghan has tried to spin this situation in a positive light by claiming through her rep that it was always the plan for As Ever to stand on its own as a brand away from Netflix. Insiders at Netflix, however, are baffled by this claim from Meghan.
“Why ever in the world would Netflix put all this money into the deal and then say the plan was to let It go after 11 months?” the Netflix staffer questioned. “You can try to spin it whatever way you want, but it’s just not true.”
Despite what she says now, Meghan initially made it abundantly clear that she was expecting a long-lasting partnership with Netflix. Indeed, it was obvious that Meghan saw this partnership with Netflix lasting for up to a decade at the very least.
In April of 2025, Meghan specifically told Fortune, “We are very, very much in harmony on how we see the growth of this, and the trajectory over the next five to seven years.”
So much for that, Meghan!
Netflix CEO Unfollows Meghan
Making matters even worse for Meghan is the fact that it was reported last week that the Netflix CEO Ted Sarandos has unfollowed both her and As Ever on Instagram. Sources told Daily Mail that Sarandos is “fed up with the pair,” referring to both Meghan and Harry.
It was Sarandos who signed both Meghan and Harry to a $100 million exclusive production deal back in 2020. This came right after the couple stepped down as senior royals and moved across the world to Southern California, where Meghan was born and raised.
Sarandos had long been Meghan and Harry’s biggest cheerleader in Hollywood. In March of 2025, he told Variety, “I think Meghan is underestimated in terms of her influence on culture.” He added that Meghan’s brand was “a big discovery model for us right now.”
Just one year later, however, Sarandos and the rest of Netflix have changed their tunes in a big way.
“Honestly, there are people [within Netflix] who would rather not work with Meghan and Harry — they are fed up — but Ted always wants to give them one more chance,” said one well-placed industry insider.
“Ultimately, Meghan and Ted don’t have a relationship like they used to,” the industry source continued.
Meghan’s Netflix Downgrade
In August of 2025, Netflix announced that it would not be renewing Meghan and Harry’s $100 million contract. Instead, Netflix gave them a “multi-year, first look deal for film and television projects.” This “downgrade” is the same one that Netflix gave to Barack and Michelle Obama.
“In practice, it is a downgrade from the 2020 overall deal that birthed Harry & Meghan, Polo and With Love, Meghan, among other projects,” The Hollywood Reporter reported.
“The overall-to-first-look extension mirrors the move Netflix made recently with the Obamas — as well as others — for their Higher Ground banner,” the publication continued. “In both cases, the exclusivity carried by their respective, splashy original deals has been removed.”
While Meghan has tried to spin this in a positive light, experts have emphatically stated that it’s a major downgrade.
“They have shot the golden goose of 2020. More of a ‘we’ll call you’ than ‘here’s the checkbook,'” leading publicist Mark Borkowski told Daily Mail. “It’s a first-look deal, which means Netflix gets first dibs but no obligation to bankroll every semi-royal whim.”
“I reckon Netflix is trimming fat industry-wide, so this is less carte blanche, more curated cameo,” he added. “They’re still in business together. Meghan’s As ever brand and seasonal specials keep them in the Netflix shop window. But make no mistake, this is a slimmed-down sequel to the blockbuster original. So Harry and Meghan’s new Netflix chapter is less champagne budget, more Prosecco by the glass.”
Meghan Left Humiliated
Before her 2018 marriage to Harry, Meghan spent years desperately trying to make it in the entertainment industry. Though she was eventually cast in the cable television series Suits, Meghan never achieved the A-list level of fame that she so-clearly craved until she married into it. That has to make Meghan’s fails with Netflix all the more humiliating for her.
After Meghan cost Netflix “millions” of dollars, it’s unlikely that others in Hollywood will be eager to team up with her anytime soon. Only time will tell if Meghan can ever bounce back from this!