Harry and Meghan need to stop hiring yes-men if they want to recover from Spotify axing, expert says
The Duke and Duchess of Sussex need to stop hiring yes-men if they want their brand to recover after Spotify dropped the Archetypes podcast, an expert told i.
The termination of the Spotify deal, losing the couple an estimated ÂŁ10m, increased speculation that the Duchess will now relaunch her wellness and lifestyle blog The Tig, which was mothballed when she married into the Royal Family.
The Duchess shut down the site in April 2017, saying farewell to her loyal readers in a final message. âAfter close to three beautiful years on this adventure with you, itâs time to say goodbye to The Tig,â she wrote.
Experts told i the revival would be a good move for the couple.
âMeghan could now seek to capitalise on her status as a global influencer by using a relaunched [The] Tig as a vehicle to market Archewell podcasts and other products, in a bid which could rival Gwyneth Paltrowâs Goop lifestyle website, which is reportedly worth ÂŁ200m,â brand and culture expert Nick Ede said.
âIt would give Meghan an independent platform. She wouldnât have to share revenues with Spotify, she could earn money from affiliates for featuring products she endorses.â
But Mark Borkowski, PR agent, said it might not be that simple.
âMeghan could build her own Goop for the greater good of the planet but that means entering a world already populated by not just Paltrow but the Kardashians,â he said.
âHarry and Meghan need attention, visibility and money, but people are getting bored of their narrative.
âThe Sussexes need to become a silent power. Losing the Spotify deal is a blow. They need to hire a critical friend in their organisation to advise them on producing compelling content, someone who can say ânoâ to them.â
The Sussexes are said to understand the need to pivot. In April, the Duchess and Archewell signed with Hollywood talent agency WME.
Top power-agent Ari Emanuel will help expand the duoâs global film and TV production aspirations, brand partnerships and overall businesses.
Further titles are expected from Prince Harryâs contract with Penguin Books, which produced the best-selling Spare autobiography, another plank in the coupleâs bid to become financially independent after their move to California.
But they will likely struggle to sign a new deal to match the estimated $25m (ÂŁ18m) contract offered by Spotify for the Archetypes series, about discrimination and sexism faced by women, because of their recent over-exposure, experts said.
Archewell and Spotify âmutually agreed to part waysâ after the Duchess delivered 12 episodes of Archetypes, featuring celebrity guests including Mariah Carey and Serena Williams.
The Sussexes will not collect the full amount of the ÂŁ18m deal because they didnât deliver enough programming, according to reports.
New potential podcast partners such as Apple or Amazonâs Audible would likely have concerns over the Sussexes ability to deliver a reliable volume of content.
The Duchess might be able to strike a deal with subscription podcast platforms like Luminary and Wondery, which charge listeners $4.99 a month for unlimited content.
However the entire podcast market is contracting as platforms struggle to turn a profit from the listening bloom. Spotify has laid off 200 people and is reducing its original podcast content. Luminary is reportedly also making cuts.