(Page Six) Meghan Markle and Prince Harry were branded “lazy” and “f–king grifters” by Spotify employees Friday after the podcasting network canned their $20 million deal.
Bill Simmons, the sportscaster who is also head of Spotify’s international sports content, said on his own podcast, “’The f–king grifters.’ That’s the podcast we shoulda launched with them.”
His attack deepened the couple’s crisis as sources said they were “lazy” compared to the Obamas, who also had a Spotify contract.
The collapse of the deal piles financial pressure on the Sussexes as exorbitant bills for their Montecito, Calif. lifestyle mount.
Their sprawling Tuscan-style estate, bought for $14.7 million in June 2020, has a hefty mortgage.
Annual property taxes alone cost $144,427 and there is staffing and maintenance on top.
Enlarge ImageMeghan Markle produced just 12 episodes of “Archetypes.”Spotify
Markle and her husband’s deal with Spotify could have netted them $20M but the failure to produce enough material means it is over with them getting far less.
The bill for the couple’s private security detail is believed to be about $2 million a year,there are legal fees from Harry’s unending battles with the British press — and they have to keep their Archewell company afloat without Spotify’s cash.
“They’re not broke,” stressed a source.
“But they’re going to have to keep spending their money, instead of banking it.”
Enlarge ImageSources pointed out that, unlike the Sussexes, the Obamas had delivered multiple successful podcasts for Spotify. Their deal was not renewed either.AP
Spotify’s Bill Simmons is also one of its most senior executives. He called the couple”f–king grifters” and revealed he had tried to help Harry shape a podcast – with no success.Getty Images
The Sussexes’ Spotify deal was signed in 2020 but delivered just 13 hours of programming in two and half years — 12 episodes of Markle’s “Archetypes” podcast, and a one-off holiday special.
They will not be paid anything close to the full amount they could have earned under the deal.
Sources pointedly contrasted the Sussexes’ failed deal with the Obamas’ similar deal, which ended last year.
EThe bills for their lifestyle include the upkeep of their $14M Montecito home, where they are bringing up Archie and Lilibet, and staff.Alexi Lubomirski / Duke and Duchess of Sussex
The couple’s lavish lifestyle in Montecito means they need to keep earning. A friend acknowledged they are not saving any cash – and have a hefty mortgage.
Their explosive Oprah Winfrey interview appeared to be the start of a lucrative new life for the couple, but now their tentpole Spotify deal has collapsed.ZUMAPRESS.com
“Although ‘Archetypes’ did well and got a couple of awards, when you go into a deal like this, to have just one series over that course of time is not great,” a source close to the Sussexes’ deal said.
“To put that into context, the Obamas and their production company, Higher Ground, delivered multiple new series.”
Simmons told how he had been called in to help Harry — unsuccessfully — saying, “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 best stories.”