“The audience eats up everything about it,” Netflix CEO Ted Sarandos said in response to rumors that the streaming service’s contract with Prince Harry and his wife, Meghan Markle, was in trouble, especially the British. The CEO has now broken his silence and responded to the rumours.
The Duke and Duchess of Sussex have signed a multi-year contract with Netflix, which has so far produced three series: the acclaimed Harry & Meghan documentary about the couple's life, the narrated series Live to Lead, and Prince Harry's Heart of Invictus. According to reports, the collaboration cost Netflix $100 million (about 36 billion Hungarian forints) in 2020 when it was signed. Report it Express. It was recently heard that the cooperation will be terminated,
However, the Netflix CEO has now broken his silence and stated that he intends to continue working together.
Sarandos recently said that the royal couple has a knack for attracting attention: “The documentary about them is still one of the most watched documentaries ever on Netflix and they have a huge audience, especially in the UK.”
It is not surprising that viewers prefer to watch documentaries via streaming, as various providers are also expanding their media content. Thanks to the growth in the number of subscribers and prices, streaming will reach a new stage in 2024: according to quarterly reports, its revenues will exceed traditional TV subscriptions.