The Duke and Duchess of Sussex are reportedly offered a seven-figure deal to produce podcasts for Spotify.
Prince Harry, 35, and Meghan Markle, 39, who currently live in their $ 14 million mansion in Santa Barbara, having formally stepped down from royal duties to gain financial independence in March.
The £ 22 billion streaming giant is hoping to sign the royal couple following the success of The Michelle Obama podcast, which launched last month, and which was a huge audience success.
Sources told the Mirror that money was ‘not an item’ for Spotify and that Meghan would be able to ‘more or less name its price’.
Prince Harry, 35, and Meghan Markle, 39, are said to be offered a seven-figure deal to produce podcasts for Spotify (they are pictured on the Zoom call last month)
An insider said: ‘The Duke and Duchess have been on their hit list for some time and a detailed proposal is expected to be presented to Meghan’s US agent in a few weeks. “
Rumors that Harry and Meghan were looking to establish a foothold in Hollywood have escalated since the couple announced their intention to step down as royals, seek financial independence and settle in North America. North in January.
The couple, who split from the monarchy to earn their own money in the United States, had to give up using Sussex Royal as their brand names.
The Sussexes already have some experience with podcasts and radio appearances.
Sources said the money was ‘not an item’ for Spotify and Meghan would be able to more or less name its price. Meghan is pictured during a visit to Reprezent 107.3 FM in Brixton in 2018
The couple’s second engagement as a couple was a visit to Reprezent 107.3 FM in Brixton, a 24-hour underground music station.
Meanwhile, in 2017, Prince Harry’s guest edited BBC Radio 4’s Today show, while also starring in a new Netflix documentary Rising Phoenix, which was released on Wednesday.
And this week, Meghan took part in an online chat with Gloria Steinem hosted by Makers Women, to discuss feminism, oppression and the importance of the vote in the upcoming U.S. election.
The news that the couple could start a podcast comes after reports emerged of Prince Harry and Meghan quietly buying a top-secret project from network executives as they settle into their new life in Hollywood.
Harry also has experience in television and radio. In 2017, a guest’s father edited BBC Radio 4’s Today show (pictured)
Sources told Variety that the former royal couple began pitching their idea to “many” media companies in June, around the time they bought a large estate in Santa Barbara.
Very few details are known about the project, including the concept behind it and whether it would be a TV series or other format.
However, a source with knowledge of the idea said Harry and Meghan intend to become co-producers of the business if it is taken over.
The decision to work in podcasts is said to be another move that reminds former US President Barack Obama and his wife, lawyer Michelle.
Earlier this week, Meghan took part in an online chat with Gloria Steinem hosted by Makers Women, to discuss feminism, oppression and the importance of the vote in the upcoming U.S. election.
In January, sources confirmed that the couple had discussed their plans with the former US president and his wife and wanted to emulate how they managed to build a successful but dignified life after the White House.
Since leaving the White House, the Obamas have made a small fortune selling the rights to their autobiographies and starting their own production company, which struck a lucrative deal with Netflix.
A source said: “They have found huge business success without really seeming to get their hands dirty, to put it bluntly, and maintain their popularity.
“In fact, it’s fair to say that their star has exploded since leaving the White House, especially Michelle’s, and it’s something Meghan admires a lot, a lot. “
The move would be reminiscent of Michelle Obama, who also started a podcast on Spotify. He focused on meaningful relationships and made his debut on July 29
Sources previously revealed how the Duke and Duchess want to follow in the footsteps of former US President Barack Obama and his wife Michelle
After stepping down as senior cabinet minister in March, the couple signed in June with the New York-based Harry Walker Agency, which represents the Obamas and Clintons.
Finding Freedom co-author Omid Scobie also claimed the couple have big plans for the next few years and are basing their working model on the Obamas.
He said their plans were “not too different” from what the former president created after leaving the White House and setting up production company Higher Ground.
He highlighted Obama’s multi-year production agreement with Netflix to produce films and documentaries covering topics such as race, class and civil rights.