Meghan Markle and Prince Harry's £18M Spotify deal broker leaves company

Meghan Markle and Prince Harry signed a major deal with Spotify in late 2020
Meghan Markle and Prince Harry signed a major deal with Spotify in late 2020

The Duke and Duchess of Sussex signed the major deal in late 2020

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Meghan Markle and Prince Harry's broker at Spotify has left her role at the company following a wave of job cuts.

Dawn Ostroff, the streaming company's chief content and advertising officer has "decided to depart Spotify", according to chief executive Daniel Ek.

Spotify are reducing the head count by around six per cent with around 600 jobs being axed.

Mr Ek, 39, said in a blog post: "In hindsight, I was too ambitious in investing ahead of our revenue growth."

Meghan Markle and Prince Harry stepped down as working royals in 2020
Meghan Markle and Prince Harry stepped down as working royals in 2020

The restructuring will see Ostroff's role merged into the role of chief business officer.

Mr Ek added that the move would ensure "efficiency, cost controls and speed up decision-making".

Meghan Markle and Prince Harry signed their deal with Spotify in late 2020.

The Duchess of Sussex released a podcast series in 2022 named Archetypes with Meghan.

The series has 12 episodes and includes guest appearances from Serena Williams, Mariah Carey and Paris Hilton.

Spotify describe Archetypes with Meghan as "a podcast where we investigate, dissect, and subvert the labels that try to hold women back."

The Duke and Duchess of Sussex signed multiple lucrative deals after they stepped down as working members of the Royal Family.

The couple signed a deal with Netflix with their self-titled series dropping in December 2022.

Meghan's Archetypes series has 12 episodes
Meghan's Archetypes series has 12 episodes

The series was a huge success and has become Netflix's second most successful documentary ever.

Prince Harry also signed a publishing deal for his autobiography Spare.

Spare has broken the UK record for fast selling nonfiction book.

The Duke of Sussex's memoir sold just under half a million copies in the UK across all platforms during its first week.