Harry & Meghan Extend Netflix Deal With New Slate for 2025–26

Prince Harry and Meghan Markle are staying put at Netflix under a new multiyear, first-look agreement that keeps Archewell Productions in the streamer’s prestige-doc and lifestyle lane. Financial terms weren’t disclosed, but industry chatter pegs the pact as leaner and less all-encompassing than the splashy 2020 deal—still enough juice to greenlight a steady pipeline while trimming risk in a tougher, profit-first streaming era.

The refreshed slate leans pragmatic: a second season of Meghan’s lifestyle series, a holiday special under the With Love, Meghan banner, and a feel-good documentary spotlighting Ugandan dance troupe Masaka Kids. Development also continues on Meet Me at the Lake, the bestselling romance that gives the duo a swing at scripted—exactly the kind of four-quadrant play Netflix likes when awards season and algorithm meet.

Strategically, this extension is less coronation than course correction. Netflix keeps globally recognizable talent without overpaying, the Sussexes keep a top-tier distribution runway, and both sides buy time to land a true breakout beyond Harry & Meghan. If the new mix delivers—lighter budgets, stickier formats, and cleaner timelines—expect more “celebrity-as-studio” deals to follow as streamers hunt dependable, personality-driven franchises.