Published on 12 Apr 2024 on Zacks via Yahoo Finance
Netflix (NFLX) Teams Up With Harry and Meghan for Two Series
Netflix NFLX has collaborated with the Duke and Duchess of Sussex to create two nonfiction shows. Harry and Meghan's Archewell Productions will produce both series. These shows are still in the early stages of production, and their titles and release dates will be revealed in the coming months.The first show will feature Meghan celebrating cooking, gardening, entertaining and friendship. Co-produced by Sony Pictures Television, the show will be led by Leah Hariton and directed by Michael Steed, with Meghan as one of the executive producers through Archewell Productions.The second series will focus on professional polo, a sport close to Harry's heart. It will showcase players at the highest level and the social scene around the sport. Co-produced by Boardwalk Pictures, the show will be led by showrunner Miloš Bala??, with Harry and Meghan as executive producers.These projects are part of the deal that the couple signed with Netflix in 2020. They have previously released three docuseries, Harry & Meghan, Heart of Invictus and Live to Lead, with the streaming giant. They also have other ventures underway, such as Meghan's Montecito, CA-based lifestyle brand, American Riviera Orchard, and an adaptation of the novel Meet Me at the Lake into a Netflix film.Shares of this Zacks Rank #3 (Hold) company have returned 29.1% year to date against the Zacks Consumer Discretionary sector’s 0.7% decline. The remarkable achievement can be attributed to the success of its original content. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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