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Meghan Markle, Prince Harry Shock: Sussex Couple Launching New Entertainment Companies Despite Controversial Business Structures? Pair Unlikely To Reunite With Other Royals In June


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Credit: eNCA, CC BY 3.0 <https://creativecommons.org/licenses/by/3.0>, via Wikimedia Commons

Meghan Markle and Prince Harry continue to make it to the headlines despite their demand for privacy. It can be recalled that the Duke and Duchess of Sussex cited their desire to have a more peaceful life without racism and other forms of bullying as one of the primary reasons why they decided to leave the United Kingdom for good.

Aside from that, Meghan Markle and Prince Harry also ditched the royal life for good as they want to become financially independent. Fortunately, the Sussex couple was able to land lucrative deals with Netflix and Spotify just a few weeks after their infamous Megxit.

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Now, new reports are claiming that Meghan Markle and Prince Harry are planning to launch new entertainment companies to add to their growing business empire. Keep on reading to know more details.

Are Meghan Markle And Prince Harry To Open More Firms?

Meghan Markle and Prince Harry had set up a number of companies in Delaware, a state in the U.S. that does not impose business transaction taxes and high personal taxes. As a matter of fact, state filings revealed that the Duke and Duchess of Sussex registered a total of 11 companies from April 2020 in the state, wherein a number of them were created to hold the Archewell charity trademark and its affiliated companies.

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The majority of Meghan Markle and Prince Harry’s companies have been established as “entertainment” businesses. Recently, it was made known that two other companies were registered together with the existing firms on the same day.

The Telegraph, as per Express UK, reported that the same business manager and lawyer who worked on behalf of Meghan Markle for several years registered these additional two companies. Attorney Richard Genow and Andrew Meyer reportedly incorporated the said firms, which was named deliberately for sentimental meaning to the Sussex couple.

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One company was named Cloverdale Inc., which allegedly is the name of the street on which Meghan Markle lived with her mother, Doria Ragland, as she was growing up. The second company, on the other hand, was listed as Riversoul Productions Inc., which is a venture that is purposely designed for the “entertainment” industry.

In other words, Meghan Markle and Prince Harry have listed a total of seven separate companies with the said explicit purpose. Most, if not all, royal followers are aware that the Sussex couple worked under the name Archewell Productions, which was used for their collaboration with Netflix, and Archewell Audio for their involvement with Spotify.

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Meghan Markle and Prince Harry were linked to Peca Publishing, which holds the right to The Bench. The publishing company’s name is said to be a Spanish word for “freckles.” The Duke and Duchess of Sussex were also tied to Orinoco Publishing, which is said to be in charge of the imminent autobiography of Prince Harry.

Meghan Markle, Archie, And Lilibet Unlikely To Return To The U.K. With Prince Harry

Meanwhile, Meghan Markle, Archie, and Lilibet are predicted to be a no-show in the upcoming Platinum Jubilee celebrations of Queen Elizabeth. Prince Harry, on the other hand, is expected to return to the U.K. to join the revelries dedicated to the new milestone of Her Majesty.

Reports have it that Prince Harry had been in secret talks with Prince Charles in an attempt to fix their strained relationship. The husband of Meghan Markle allegedly reached out to the Prince of Wales first.

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The news came a few days after it was claimed that Prince Charles offered an olive brand to Prince Harry and Meghan Markle to stay with him during their visit to Britain amid the royal couple’s security row. While it would be nice to have the Sussex family get reunited with the other members of the royal family, it is claimed that is unlikely to happen very soon.

Meghan Markle and Prince Harry lost their U.K. taxpayer-paid protection when they quit their senior royal roles in 2020 and decided to move to the United States. The brother of Prince William has filed for a judicial review against the Home Office decision.

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