The platform plans to be more 'diligent' when signing future big money deals with celebrities
The reason for Meghan Markle's podcast being dropped from Spotify has now been uncovered. The Duke and Duchess of Sussex previously signed a £18million deal with the platform under their production company Archwell Audio.
Spotify has signed a number of exclusive, big money deals with for new podcasts with some of the biggest names in entertainment, announcing estimated £200million-worth of agreements back in 2020. Such series include The Michelle Obama podcast with the former First Lady and it also signed Kim Kardashian.
"And the ones that aren't performing, obviously, we won't renew. And the ones that are performing, we will obviously look at those on a case-by-case basis on the relative value." Meghan now plans to "develop more content for the Archetypes audience on another platform", her spokesperson told the Wall Street Journal.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meghan Markle's agent confirms next career move as Spotify deal comes to an endThe couple's audio production company Archewell Audio has now 'mutually agreed' to part ways with Spotify moving forward.
Read more »
Meghan Markle reveals pride in patronage after podcast axeMeghan Markle's Archetypes podcast has not been renewed for a second series
Read more »
Prince Harry and Meghan Markle 'don't have anything interesting to say'Prince Harry and Meghan Markle 'don't have anything interesting to say' as Spotify deal collapses
Read more »
Prince Harry and Meghan Markle slammed by Spotify exec after streaming giant axes Archetypes podcastA top Spotify podcast executive has accused Harry and Meghan of being 'f***ing grifters' after they only produced one podcast series before parting ways with the streaming giant.
Read more »
Meghan Markle could become influencer after Spotify podcast axed, expert claimsIn a joint statement, Prince Harry and Meghan announced the end of the £15.5m partnership after one series.
Read more »
Meghan Markle appears tense in first appearance since $20m Spotify deal endedThe Sussexes' Archetypes podcast has not been renewed for a second season
Read more »