HOLLYWOOD HOPES: Meghan in a Halloween costume at the age of seven
The contract between the Duke and Duchess of Sussex with Netflix is intended to make Meghan's ultimate dream come true – an Oscar.
The couple, who live in an 11 million pound mansion near Los Angeles, announced their plans to conquer Hollywood last week by engaging in "inspirational" programs in a multi-year deal with the US streaming company produced.
In addition to securing millions of pounds to fund her lavish lifestyle, The Mail on Sunday can show that former Suits actress Meghan is hoping the deal will earn her an Oscar, her childhood dream.
"An Oscar is everything Meg ever wanted," said a longtime friend. When she was seven years old, she practiced her acceptance speech in the mirror with a hairbrush. She also practiced her signature to prepare for any autographs she would give.
“Her absolute dream was to reach the EGOT – the Grand Slam of show business – which has won Emmy, Grammy, Oscar and Tony prizes.
“Your acceptance speech has been ready for 30 years. Maybe she can use it now. "
The mail on Sunday may also reveal:
- The deal includes an annual withholding of £ 2-4 million plus a "film fee".
- Harry and Meghan won't be able to use their royal titles for production credits
- Determined not to be Rent-a-Royals, they check out all Netflix ads
- The couple was assigned a company vice president to carry out their projects
The couple pursues a strategy developed by Barack and Michelle Obama, who signed a Netflix deal two years ago and won an Oscar for the documentary American Factory earlier this year.
Her American spokesperson described Harry and Meghan's plans as follows: “The focus will be on creating a wide range of programs on stories and topics that appeal to them personally – including highlighting topics that your nonprofit [company -] Archewell focused.
"Creating a more compassionate and just world is not just something you do through your nonprofit organization, but a belief that you yourself represent and model that will prevail within this company."
Pictured: The Duke and Duchess of Sussex at Disney's European Premiere "The Lion King" in Leicester Square, London
Her production company, known as MWX Trading after her surname Mountbatten-Windsor, has yet to be officially announced, but is already developing nature documentaries and an animated series about inspiring women.
A source said it was "impossible" for them to use their royal titles for production credits, "otherwise they would be accused and actually benefit from their royal status that they had promised not to do".
Meghan's Hollywood team, including agent Nick Collins, attorney Rick Genow and business manager Andrew Meyer, negotiated the "Megabucks" deal after quietly touting the Sussexes around Disney, Apple and HBO.
Pictured: Meghan Markle as Rachel Zane in the first season of & # 39; Suits & # 39; during her acting career
Netflix agreed to the annual retainer for at least two years and provided sponsorship and support for Archewell, named after their son Archie, who is now 15 months old.
The couple has demanded control of all advertising related to their work. "Harry and Meghan aren't going to be royals for the red carpet," a source said. “They'll network with power players, but they want to be in complete control. They won't be forced to do something they don't want to.
"It's a win-win situation as Netflix has the biggest pockets, but also has a problem taking it seriously." Harry and Meghan bring prestige – they get a lot of money for it. "
Buckingham Palace, which will be reviewing the Sussexes' separation from the family next year, will be keeping a close eye on the couple keeping their promise that "everything they do will continue to uphold Her Majesty's values".
Prince Harry and Meghan Markle received from Sir Elton John's & # 39; extravagant & # 39; Designer decor tips for your new Californian villa
- The Sussexes consulted with Elton John's decorator in their new California home
- British-born Martyn Lawrence Bullard was introduced to them by Elton's friend
- He decorated Elton's LA apartment in a 1970s Boogie Nights inspired theme
By Emily Andrews Royal Editor for The Mail On Sunday
He's the king of interior design in Hollywood, so UK-born Martyn Lawrence Bullard was the obvious person for the Duke and Duchess of Sussex to consult about renovating their new California home.
The 53-year-old, originally from Bromley, Kent, was introduced to the couple by longtime client and friend Sir Elton John, whose LA apartment he decorated in a 1970s Boogie Nights-inspired theme.
A friend told The Mail on Sunday, “Elton put Harry and Meg in touch with Martyn after they moved to LA. They had a meeting and got along very well. Martyn was really helpful about where to go and what kind of properties to live.
Pictured Martyn Lawrence Bullard was introduced to Harry and Meghan by longtime client and friend Sir Elton John, whose LA apartment he decorated in a 1970s Boogie Nights-inspired theme
"Some of his interiors are outrageous and over the top, but he's also great at figuring out exactly what the customer wants and delivering it."
Mr. Bullard has previously worked for members of the Kardashian family including Kylie Jenner, designer Tommy Hilfiger, Cher and Sharon Osbourne.
An industry source said: "Martyn is very popular and successful with all the big Hollywood stars. Its taste is very flamboyant and it is not cheap, but the end result is stunning."
Pictured: David Furnish and Elton John at home in Los Angeles with interior designer Martyn Lawrence-Bullard
Meghan is known for liking the Soho House's shabby chic style with vintage-inspired furniture.
James Corden's wife Julia and her business partner Vicky Charles, who helped redesign Frogmore Cottage in Windsor, are also in the running to oversee the renovation of the couple's £ 11 million nine-bedroom, 17-bathroom home in Santa Barbara.
A Sussex spokesman declined to comment last night.