Part 5/8:
Shifting gears, the conversation transitions to the world of celebrity and media negotiations, focusing on Harry and Meghan’s strained relationship with Netflix. The renegotiation of their deal reveals a subtle negotiation power struggle. Instead of gaining a lucrative, straightforward contract, they have been relegated to a “first-look” arrangement—meaning Netflix can decide whether or not to buy their projects after they are produced.
Netflix’s Strategic Posture
The analysts interpret this move as Netflix’s way of saving face amid the controversy. Rather than outright canceling, they offer a compromise—allowing Harry and Meghan to present ideas with the possibility of purchase. This preserves their contract and maintains the illusion of leverage.