Spotify staff called Meghan Markle and Prince Harry “lazy” and “f**ing grifters” after the podcasting network cancelled their $US20 million ($29 million) arrangement on Friday. Bill Simmons, the sportscaster who now serves as the president of Spotify’s foreign sports programming, remarked on his own podcast, The F**ing Grifters, according to Page Six. That is the podcast we should have started with them. His assault exacerbated the couple’s issue, since sources said they were “lazy” in comparison to the Obamas, who had a Spotify deal as well. The deal’s demise adds to the Sussexes’ financial woes, as extravagant costs for their Montecito, California, lifestyle increase.
Their huge Tuscan-style mansion, purchased in June 2020 for $US14.7 million ($21 million), has a sizable mortgage. Property taxes alone cost $US144,427 ($210,000) per year, without including employees and upkeep. The couple’s private security detail is estimated to cost around $US2 million ($2.9 million). There are legal bills from Harry’s never-ending conflicts with the British press, and they must keep their Archewell firm viable without Spotify’s funds. A source emphasised that they are not bankrupt. However, they will have to continue spending their money rather than saving it. The Sussexes’ Spotify agreement was struck in 2020, but they only released 13 hours of content in two and a half years – 12 episodes of Markle’s Archetypes podcast and a Christmas special.
With Spotify Facing A Cash Crisis, Meghan Markle And Harry Are Referred To As ‘Lazy’ And F–King Grifters
Spotify staff called Meghan Markle and Prince Harry “lazy” and “f-king grifters” when the podcasting network cancelled their $20 million agreement on Friday. The f-king grifters,’ claimed Bill Simmons, the sportscaster who now serves as the president of Spotify’s worldwide sports programming. That is the podcast we should have started with them. His assault exacerbated the couple’s issue, since sources said they were “lazy” in comparison to the Obamas, who had a Spotify deal as well. The deal’s demise adds to the Sussexes’ financial woes, as extravagant costs for their Montecito, California, lifestyle increase. Their huge Tuscan-style mansion, which they purchased for $14.7 million in June 2020, has a sizable mortgage. Property taxes alone cost $144,427 per year, without including employees and upkeep. The couple’s private security detail is said to cost over $2 million per year, there are legal bills from Harry’s never-ending conflicts with the British press, and they must keep their Archewell firm surviving without Spotify’s funding. A source emphasised that they are not bankrupt. However, they will have to continue spending their money rather than saving it. The Sussexes’ Spotify agreement was signed in 2020, but in two and a half years, they only provided 13 hours of material — 12 episodes of Markle’s “Archetypes” podcast and a one-time holiday special.
They will not be paid anywhere close to the full sum they may have received under the terms of the agreement. Sources drew a sharp contrast between the Sussexes’ unsuccessful contract and the Obamas’ identical deal, which expired last year. Although ‘Archetypes’ went well and won a few accolades, having only one series throughout the life of an agreement like this is not ideal,” a person close to the Sussexes’ deal said. To put it in context, the Obamas and their production firm, Higher Ground, have released a slew of new shows. Simmons described how he was summoned to assist Harry — unsuccessfully — adding, “I gotta get drunk one night and tell the story of this Zoom I had with Harry to try to help him with a podcast idea.” It’s one of my favourite stories. Both Spotify and Archewell issued statements saying they mutually opted to split ways and are happy with the series they created together. Losing Spotify marks a remarkable shift in fortunes for the couple, who left being full-time royals in 2021, asked for seclusion, and inaugurated their new American lives with a scathing Oprah Winfrey interview blasting Harry’s family. However, the couple’s popularity appears to have dropped after signing partnerships with Netflix and Spotify, and they have been troubled by employee turnover.