Swedish Media giant Spotify cuts 200 jobs after Meghan Markle and Prince Harry’s show, Archetypes fails to rake in cash, suggest reports

Spotify Lays of Staff to Incur Huge Loss From Archetypes Podcast With Meghan Markle

Meghan Markle’s groundbreaking Spotify-original podcast Archetypes debuted on
August 23, 2022. There she made all efforts to challenge gender stereotypes and
bring down the misogynistic labels that try to hold back women from reaching
their full potential. It featured the Duchess and her interviews with famous and
successful women around the world. It was reported that Meghan Markle was paid
more than $18 million by Spotify for this project. Moreover, it fetched in a
couple of prestigious awards for the Duchess that helped the couple stay
afloat. 

Although the first series of Archetype got over with only 12 episodes in
November, it was way more than enough. At the beginning of 2023, the podcast
suffered tons of legal issues. News AU expert Daniela Elser criticized Meghan’s
podcast by saying, “After its ending, there might be a few nervous executives at
Spotify.” Pointing at the lack of revenue generated by the project, he took a
swipe at “the ones who paid $32 million to sign up Meghan and prince harry.“

> Spotify will cut 200 jobs from its podcast business https://t.co/NsQo85Mzp5
> [https://t.co/NsQo85Mzp5] pic.twitter.com/WEiTbLopHZ [https://t.co/WEiTbLopHZ]
> 
> — Daily Mail Online (@MailOnline) June 6, 2023
> [https://twitter.com/MailOnline/status/1666028775627276291?ref_src=twsrc%5Etfw]



As per New York Post,
[https://nypost.com/2023/06/06/spotify-cuts-200-more-jobs-after-harry-meghan-audio-deal-fails-to-pay-off/]
Spotify announced this Monday that the company will be laying off 2% or 200
people of their workforce from the podcasting unit. This is the second time this
year that the media giant has dismissed its workforce. The company’s head of
podcast business, Sahar Elhabashi, claimed that it was a ‘necessary decision’
and that employees will get ‘generous severance packages’. 

ALSO READ: Archetypes With Meghan Markle Bags the Digital Media National Winner
by Gracies as Duchess Wins the Best Host
[https://www.netflixjunkie.com/hollywood-news-archetypes-with-meghan-markle-bags-the-digital-media-national-winner-by-gracies-as-duchess-wins-the-best-host/?utm_medium=dive_deeper&utm_source=website%2F&utm_campaign=internal_links]

The streaming company’s decision was allegedly due to the ‘Failure’ of Meghan
Markle’s podcast. After the slow decrease in popularity, the show generated
fewer profits and was often considered high-budget. 


HOW WAS ARCHETYPES BY MEGHAN MARKLE PERCEIVED BY THE PUBLIC? 

Right from the very first episode of the podcast featuring Serena Williams
[https://www.netflixjunkie.com/hollywood-news-top-four-highlights-of-meghan-markle-award-winning-podcast-archetypes/],
world-renowned champions and bigwigs attended the show. With the highly
intellectual individuals, Meghan Markle often shared her personal stories and
how they paved the way for her to work on something better, on the show. She
opened up about the downside of being a royal and recalled multiple experiences
that disturbed her deeply. 



Despite its jumpstart at the beginning, the popularity of the podcast slowly
decreased gradually. Soon enough, the public with the anti-Sussex squad detested
it for a variety of reasons. For instance, the allegations of the Duchess using
racial slurs and making multiple anti-royal comments. Meghan Markle also took
the hits as the host of the podcast for sharing misinformation about the
COVID-19 vaccine. However, needless to say, it fetched all love and support from
the audience who genuinely liked the show and considered it award-worthy. 
[https://www.netflixjunkie.com/netflix-news-meghan-markle-scripted-podcast-archetypes-royally-thrashes-competitors-for-this-esteemed-award/]

What are your opinions on the sudden layoffs done by Spotify? Are the
allegations true? Leave your opinions in the comment down below. 

Shraddha null

Comment

Spotify Lays of Staff to Incur Huge Loss From Archetypes Podcast With Meghan Markle - Netflix Junkie

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Shraddha Das is a Content Lead and the Sub Group Head at Netflix Junkie. Captivated by the power of storytelling and the written word at a young age, which led her to pursue a career in journalism at the Esteemed KIIT School of Journalism and Mass Communication, in Orissa. She has over 1500 articles to her name. She takes pride in her work, always striving to provide insightful and informative content that her readers can trust. Her report on Buckingham Palace Green Lights Investigations Into the Monarchy’s Account on Disclosure of Links With Slavery is a prime example of her dedication to unbiased reporting. Her love for literature and film intertwines, as she finds solace in book adaptations turned into Hollywood productions. When she is not chasing a story, you will find her engrossed in a Christopher Nolan movie, eagerly waiting to review the latest blockbuster. In her free time, she enjoys revisiting classics like Oscar Wilde, Hemmingway, Jane Austen, Brontës, or losing her mind over any psychotic thriller franchises or heartwrenching historical world war masterpieces.

https://netflixjunkie.com/hollywood-news-spotify-lays-of-staff-to-incur-huge-loss-from-archetypes-podcast-with-meghan-markle

Spotify Lays of Staff to Incur Huge Loss From Archetypes Podcast With Meghan Markle - netflix-junkie

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Meghan Markle&#8217;s groundbreaking Spotify-original podcast Archetypes debuted on August 23, 2022. There she made all efforts to challenge gender stereotypes and bring down the misogynistic labels that try to hold back women from reaching their full potential. It featured the Duchess and her interviews with famous and successful women around the world. It was reported that Meghan Markle was paid more than $18 million by Spotify for this project. Moreover, it fetched in a couple of prestigious awards for the Duchess that helped the couple stay afloat. 
Although the first series of Archetype got over with only 12 episodes in November, it was way more than enough. At the beginning of 2023, the podcast suffered tons of legal issues. News AU expert Daniela Elser criticized Meghan&#8217;s podcast by saying, “After its ending, there might be a few nervous executives at Spotify.&#8221; Pointing at the lack of revenue generated by the project, he took a swipe at &#8220;the ones who paid $32 million to sign up Meghan and prince harry.&#8220;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
Spotify will cut 200 jobs from its podcast business <a href="https://t.co/NsQo85Mzp5">https://t.co/NsQo85Mzp5</a> <a href="https://t.co/WEiTbLopHZ">pic.twitter.com/WEiTbLopHZ</a>
&mdash; Daily Mail Online (@MailOnline) <a href="https://twitter.com/MailOnline/status/1666028775627276291?ref_src=twsrc%5Etfw">June 6, 2023</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<a href="https://nypost.com/2023/06/06/spotify-cuts-200-more-jobs-after-harry-meghan-audio-deal-fails-to-pay-off/" target="_blank" rel="noopener">As per New York Post,</a> Spotify announced this Monday that the company will be laying off 2% or 200 people of their workforce from the podcasting unit. This is the second time this year that the media giant has dismissed its workforce. The company’s head of podcast business, Sahar Elhabashi, claimed that it was a ‘necessary decision’ and that employees will get ‘generous severance packages’. 
ALSO READ: <a href="https://www.netflixjunkie.com/hollywood-news-archetypes-with-meghan-markle-bags-the-digital-media-national-winner-by-gracies-as-duchess-wins-the-best-host/?utm_medium=dive_deeper&amp;utm_source=website%2F&amp;utm_campaign=internal_links" target="_blank" rel="noopener">Archetypes With Meghan Markle Bags the Digital Media National Winner by Gracies as Duchess Wins the Best Host</a>
The streaming company’s decision was allegedly due to the ‘Failure’ of Meghan Markle&#8217;s podcast. After the slow decrease in popularity, the show generated fewer profits and was often considered high-budget. 
<h2>How was Archetypes by Meghan Markle perceived by the public? </h2>
Right from the very <a href="https://www.netflixjunkie.com/hollywood-news-top-four-highlights-of-meghan-markle-award-winning-podcast-archetypes/" target="_blank" rel="noopener">first episode of the podcast featuring Serena Williams</a>, world-renowned champions and bigwigs attended the show. With the highly intellectual individuals, Meghan Markle often shared her personal stories and how they paved the way for her to work on something better, on the show. She opened up about the downside of being a royal and recalled multiple experiences that disturbed her deeply. 
<iframe title="Spotify Embed: ARCHETYPES. Don&amp;apos;t believe the type. " style="border-radius: 12px" width="100%" height="152" frameborder="0" allowfullscreen allow="autoplay; clipboard-write; encrypted-media; fullscreen; picture-in-picture" loading="lazy" src="https://open.spotify.com/embed/episode/3uFVsKi8XrXmq7yasOZOLn?si=aqc07OeoTOGCar3eHqHlUw&#038;utm_source=oembed"></iframe>
Despite its jumpstart at the beginning, the popularity of the podcast slowly decreased gradually. Soon enough, the public with the anti-Sussex squad detested it for a variety of reasons. For instance, the allegations of the Duchess using racial slurs and making multiple anti-royal comments. Meghan Markle also took the hits as the host of the podcast for sharing misinformation about the COVID-19 vaccine. However, needless to say, it fetched all love and support from the audience who <a href="https://www.netflixjunkie.com/netflix-news-meghan-markle-scripted-podcast-archetypes-royally-thrashes-competitors-for-this-esteemed-award/" target="_blank" rel="noopener">genuinely liked the show and considered it award-worthy. </a>
What are your opinions on the sudden layoffs done by Spotify? Are the allegations true? Leave your opinions in the comment down below.

September 23, 2021, New York, New York, United States: MEGHAN, Duchess of Sussex and PRINCE HARRY, Duke of Sussex of the

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Spotify Lays of Staff to Incur Huge Loss From Archetypes Podcast With Meghan Markle

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