Netflix Changes Archewell Productions Deal: A First-Look Agreement
Netflix has modified its partnership with Meghan Markle and Prince Harry's Archewell Productions, moving from an overall deal to a first-look arrangement.
Understanding the New Deal
Archewell Productions, the media company founded by the Duke and Duchess of Sussex, will now have a multiyear, first-look deal with Netflix. This means that Netflix will have the first opportunity to produce any film and television projects developed by Archewell.
What's the Difference?
An overall deal, like the one the Obamas have with Netflix, typically grants the streaming giant exclusive rights to all content created by a production company. A first-look deal offers the production company more flexibility to potentially shop projects to other outlets if Netflix passes.
Implications and Future Projects
The shift could indicate a change in strategy for both Archewell and Netflix. It remains to be seen what types of projects Archewell will prioritize under this new agreement. Read more on The Hollywood Reporter.
Comparing to the Obama Deal
While the Obamas retain an overall deal, it's important to note that each partnership is unique and tailored to the specific needs and goals of the creators involved. This does not necessarily mean Archewell's influence is diminishing.
1080p
1080p
1080p
1080p
1080p
