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Prince Harry and Meghan Markle's new deal with Netflix to provide 'hope and inspiration' could be worth as much as $150 million, industry insiders say.

The Duke and Duchess of Sussex, who recently bought a $14 million mansion in Santa Barbara, have stepped into Hollywood after ditching royal duties in March.

The couple have founded a yet-to-be-named production company which will make documentaries, feature films, scripted shows and children's programming, according to The New York Times. 

 
The undisclosed deal to provide exclusive content to Netflix's 190 million subscribers worldwide is worth $150 million, insiders told Deadline, and it follows a similar deal by the Obamas.