Spotify has ended its lucrative deal with the Duke and Duchess of Sussex to produce podcasts.
A joint statement from Harry and Meghan’s company and the streaming giant said they had “mutually agreed to separate”.
Spotify has confirmed it is not renewing Megan’s podcast Archetypes, which ran for 12 episodes from August 2022, for a second series.
The contract was valued at $25m (£18m) at the end of 2020.
The podcast deal was one of the major commercial deals the couple struck after stepping down from royal duties and moving to the US in 2020.
When it was announced in late 2020, the prince said it would “offer different perspectives and voices that you might not have heard before.”
Archetypes saw Meghan speak to high-profile figures such as Serena Williams and Mariah Carey about stereotypes aimed at women.
A statement from Spotify and Archewell Audio, the pair’s content creation label, said they were “proud of the series we made together”.
In December, Archetypes won Best Podcast at the People’s Choice Awards in Los Angeles.
At the time, Megan wrote: “I loved getting into the process, staying up late in bed, working on writing and creativity.
“And I loved immersing myself in meaningful conversation with my diverse and inspiring guests, laughing and learning with them. It was such a labor of love.”
The Wall Street Journal quoted an Archewell spokeswoman as saying Megan “continues to develop more content for the Archetypes audience on another platform.”
When the Spotify deal was first announced, it was touted as a tie-up that would produce several series — but only one ultimately materialized.
US media reports suggest that the royal couple have failed to meet the performance standard required by Spotify and will therefore not receive the full value of the contract.
After parting ways with the royal family, Harry and Meghan sought to use their global fame to become financially independent.
This includes a multimillion-dollar content deal with Netflix and Harry’s huge contract with Penguin Books, which has already produced his autobiography Spare.
Spotify is next message last week that it was cutting 200 jobs at its podcast division after a period of heavy investment in the media, saying it was embarking on a “strategic realignment.”