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| Credit: SussexRoyal/Instagram |
In light of their decision, the Duke and Duchess of Sussex will no longer engage in the production of introspective podcasts for Spotify, disclose revealing documentaries on Netflix, publish memoirs, or participate in interviews that delve into matters concerning the royal family. They have expressed that they feel their perspectives have been fully expressed and therefore have "nothing left to say" on the subject. This news has been received with gratitude by those who have followed their journey.
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| Credit: Andrew Neil/Twitter |
Additionally, the couple recently faced criticism from Bill Simmons, the head of Spotify's international sports content, who referred to them as "f**king grifters." This derogatory remark followed the termination of Harry and Meghan's $20 million deal with the streaming platform due to purported failure to meet "productivity requirements." Simmons expressed his dissatisfaction on his podcast, sharing anecdotes about his past interactions with Harry, while also lamenting his absence from the negotiation process surrounding their departure from Spotify.
The termination of the aforementioned deal has placed a significant financial burden on the Sussexes, particularly considering their lavish lifestyle in Montecito, California. Their expansive Tuscan-style estate, which they purchased for $14.7 million in June 2020, incurs substantial annual property taxes of $144,427. In addition, there are considerable expenses related to the employment of staff, property maintenance, and the cost of private security, estimated at $2 million per year. Furthermore, legal fees resulting from Harry's battles with the UK press add to their financial obligations. With the loss of Spotify's financial support, the couple faces the challenge of sustaining their Archewell company.
Although it is important to note that the Sussexes are not in a state of destitution, their financial resources will now be directed towards maintaining their current lifestyle rather than accumulating savings. They will need to navigate these circumstances as they continue their journey beyond the realms of the royal family. The Spotify deal, which was secured in 2020, ultimately yielded only 13 hours of programming over two and a half years, consisting of a dozen episodes of Meghan's "Archetypes" podcast and a special episode released during the holiday season.
Read Also: Prince Harry Denounces Claims of Hotel Room Rentals for Alone Time Without Meghan Markle
The termination of the aforementioned deal has placed a significant financial burden on the Sussexes, particularly considering their lavish lifestyle in Montecito, California. Their expansive Tuscan-style estate, which they purchased for $14.7 million in June 2020, incurs substantial annual property taxes of $144,427. In addition, there are considerable expenses related to the employment of staff, property maintenance, and the cost of private security, estimated at $2 million per year. Furthermore, legal fees resulting from Harry's battles with the UK press add to their financial obligations. With the loss of Spotify's financial support, the couple faces the challenge of sustaining their Archewell company.
Although it is important to note that the Sussexes are not in a state of destitution, their financial resources will now be directed towards maintaining their current lifestyle rather than accumulating savings. They will need to navigate these circumstances as they continue their journey beyond the realms of the royal family. The Spotify deal, which was secured in 2020, ultimately yielded only 13 hours of programming over two and a half years, consisting of a dozen episodes of Meghan's "Archetypes" podcast and a special episode released during the holiday season.
Read Also: Prince Harry Denounces Claims of Hotel Room Rentals for Alone Time Without Meghan Markle
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