Meghan Markle responds to Netflix 'downgrade' rumours at DC Summit

Meghan Markle has spoken out for the first time about her and Prince Harry’s renewed partnership with Netflix, addressing claims that their updated contract marks a “downgrade” from their original multimillion-dollar deal.

The Duchess of Sussex, 44, appeared at Fortune’s Most Powerful Women Summit in Washington, D.C., where she discussed the couple’s first-look agreement, an extension of their original 2020 deal with the streaming giant.

Meghan told the audience: “My husband and I were in an overall deal with Netflix, and the extension of it is now being in a first-look deal, which is exciting because it gives us flexibility. We can go to Netflix first, but also shop content that might not fit there yet finds a home elsewhere.”

The updated contract allows the couple’s production arm, Archewell Productions, to pitch new creative projects beyond Netflix while maintaining a close relationship with the streamer.

Meghan also teased that her lifestyle series With Love, Meghan could return for a third season.

“The holiday special is coming out in November and it’s a really good one,” she said.

“We’re exploring how to share shorter content too, like two-minute recipes, to grow As Ever.”

RELATED: Meghan Markle, Prince Harry spotted leaving Soho House after dinner with Ed Sheeran