Royal Family LIVE: Meghan and Harry under huge financial pressure despite new Netflix coup

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    Royal commentator Daniela Elser said the Duke and Duchess of Sussex “have a lot to prove” and are “fighting against the clock” after signing a multi-million pound deal with Netflix last year, as well as a lucrative agreement with Spotify. Ms Elser added that if Harry and Meghan “don’t want to be written off as a marketing gimmick” they will need to “prove they are worth the investment”.

    She said that so far the couple, who are living in California after quitting royal duties, “haven’t exactly set Hollywood on fire”.

    Writing for news.com.au, Ms Elser said: “The problem with this paradigm is that their entire money-making ability is pegged to their ability to generate good PR.

    “Should interest in them wane, or public fatigue for the never-out-of-the-news duo set in, then their value could plummet.

    “While Harry and Megan’s financial future might outwardly seem rosy thanks to their Netflix deal (and their estimated $33.5million Spotify deal) look closer and things aren’t quite so shiny.

    “The Times has reported that, according to industry insiders, it is likely that their Netflix deal would be structured such that they receive a retainer of somewhere between $1.85million and $3.7million annually, and would then earn more as they release shows.

    “Given their costs for security and their home in Montecito have been estimated at around $5.9million, they would need their productions to be smash hits.”

    Ms Elser’s comments come as the Sussexes’ Archewell Productions company announced the second show from the Netflix deal the Sussexes signed last year.

    Meghan is to executive produce a new animated programme called Pearl which tells the story of the adventures of a 12-year-old girl inspired by influential women from history.

    FOLLOW BELOW FOR LIVE UPDATES ON THE ROYAL FAMILY:

    7.45am update: Sofia and Carl Philip share ‘summer greeting’ with newborn son

    Sweden’s Princess Sofia and Prince Carl Philip of Sweden have shared their first family photo with their youngest son, Prince Julian.

    The Swedish royals beam as they posed with their three children – Prince Alexander, five, Prince Gabriel, three, and Prince Julian, who was born in March.

    Carl Philip is the son of King Carl XVI Gustaf and his wife Queen Silvia.

    7.40am update: William and Harry ‘unlikely’ to spend ‘quality family time together’

    Prince William and Prince Harry are “unlikely” to be spending any “quality family time together”, a royal expert has said.

    Jonathan Sacerdoti told Us Weekly: “It’s perhaps unlikely that they’re going to be spending what we would think of as quality family time together at Christmas and New Years and birthdays.

    “Just remember that the Queen hasn’t met her latest granddaughter. It doesn’t seem likely that she’s going to anytime soon. She’s barely seen Archie for quite a while.

    “On a human family level, forgetting them being the royal family, there’s already quite some frostiness and distance there.

    “So I suspect if things can go well, [then] maybe they’ll have the occasional meeting, but I don’t think it seems very high on anyone’s agenda.”

    7.35am update: Diana would have been ‘very proud’ of Meghan and Kate

    Princess Diana would be “very proud” of Meghan Markle and Kate Middleton, according to Sarah Ferguson.

    The Duchess of York told People magazine: “If she were sitting with me right now, I know she would say, ‘I am so proud of both of my boys and the wonderful wives they have chosen’.

    “Because each has got her own voice.”

    7.30am update: Queen unlikely to see Archie ‘anytime soon’

    The Queen is unlikely to see her great-grandchildren, Archie Harrison and Lilibet Diana, “anytime soon”, a royal expert has said.

    Her Majesty has been unable to see either of her great-grandchildren in person due to the Duke and Duchess of Sussex’s isolation in the US.

    However, Royal expert Jonathan Sacerdoti has suggested the Queen will have to wait even longer to see either of the infants as Harry and Meghan are unlikely to spend any “quality family time” with other royals.



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