Spotify CEO Dishes On The Collapse Of Meghan Markle’s Failed $20 Million Podcast Deal

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Spotify CEO Dishes On The Collapse Of Meghan Markle’s Failed $20 Million Podcast Deal

Spotify CEO Dishes On The Collapse Of Meghan Markle’s Failed $20 Million Podcast Deal

Spotify CEO Daniel Ek has opened up about the termination of Prince Harry and Meghan Markle’s podcast deal.

He suggested the contract was not renewed because the podcast failed to please users. Another Spotify executive, Bill Simmons, previously called the pair “F—— grifters.”

Their podcast has 12 episodes and high-profile guests like Serena Williams and Mariah Carey. Despite losing the podcast, Meghan still tried to file a trademark, which was rejected.

Daniel Ek Reflects On Canceling ‘Archetypes’ Podcast

Meghan Markle's father Thomas Markle loses lawsuit against pap agencyMEGA

Daniel Ek, co-founder and CEO of Spotify, recently gave an interview with BBC News. During the chat, she gave a rare insight into why Meghan Markle’s podcast ended and admitted that some of her streaming company’s innovative ideas didn’t go according to plan.

Ek said, “We think we can come in and offer a great experience that both delights users and enables new creators to break new ground.”

He continued: “And the truth of the matter is some of it has worked, some of it hasn’t. We learn from them, and we move on, and we wish all the ones we haven’t renewed the best success they can have in the future.”

Daniel Ek at the 2018 Breakthrough Prize CeremonyMEGA

Ek wasn’t the only Spotify executive to comment on the podcast deal, as Bill Simmons, Head of Podcast Innovation and Monetization, addressed the fallout.

In an episode of his podcast, Simmons slammed Harry and Meghan, saying, “The f——- grifters. That’s the podcast we should be launching with them.”

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He added, “I had to get drunk one night and tell a Zoom story I had with Harry to try and help him with the podcast idea. It’s one of my best stories.”

Harry and Meghan have never publicly commented on the end of their multi-million dollar Spotify deal.

Prince Harry & Meghan Markle Spotify Podcast Offer

Prince Harry and Meghan MarkleMEGA

In June, news broke that the Duchess of Sussex’s $20 million Spotify podcast deal would not be renewed for a second season.

At the time, reports claimed that Prince Harry and Meghan’s company Archewell had made the “same” decision as Spotify to not continue the podcast.

follow Daily Mailsources close to the deal have since revealed that it was terminated because Harry and Meghan failed to produce enough content for their payment amount.

The couple’s podcast is one of several casualties from the streaming giant, as they also ended their deals with former President Barack and Michelle Obama’s production company.

Meghan Markle & Prince Harry Try To Trademark Podcasts

Prince Harry & Meghan Markle Reportedly Denied Boarding Air Force One After Queen's FuneralMEGA

After the fallout of the Spotify deal, Harry and Meghan tried to trademark the podcast name “Archetypes.” However, reports from late September confirmed that Meghan had withdrawn her application to the US Patent and Trademark Office.

The trademark application was first rejected in January this year due to “likelihood of confusion” with another existing trademark of the same name at this time.

Meghan’s “Archetypes” podcast has 12 episodes in total and features high-profile guests such as Serena Williams, Issa Rae and Paris Hilton. The goal of the podcast is to “examine and subvert labels that try to limit women.”

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During its brief run, “Archetypes” took home the People’s Choice Award for Pop Podcast 2022.

Prince Harry & Meghan Markle Still Going Strong

Prince Harry and Meghan Markle walk and smileMEGA

Despite losing their Spotify deal, Harry and Meghan still have a mega-million contract with Netflix. They are also working on their first major Hollywood project for the streaming giant.

The royal couple acquired the film rights to the best-selling romance book, “Meet Me At The Lake,” by former journalist Carley Fortune.

The storyline and characters from the novel are claimed to be very similar to the Duke and Duchess’s experiences together. It also features multiple “steamy sex scenes” and “drug use” and is set in Canada, the same city where Meghan lived when she met Harry.

“Meet Me At The Lake” is the latest project from their partnership with Netflix. They signed the deal about six months after stepping down as senior royals from the British royal family and moving with their children to California.

The Royal couple recently showed their flirtation and public affection at the Invictus Games in September. It was their first official public outing as a couple since May when Meghan accepted the Women of Vision Award in New York.

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Source: thtrangdai.edu.vn/en/