Meghan Markle and Prince Harry have shared an update on their partnership with Netflix after it was reported that their previous deal wouldn't be renewed.

Following weeks of speculation that Meghan Markle and Prince Harry's lucrative five-year deal had officially ended, it was announced on Monday that the royal couple have renewed their agreement with Netflix.

Prince Harry and Meghan Markle’s new agreement with Netflix has been dubbed an “elegant way to cut ties” with the Duke and Duchess of Sussex if they do not deliver projects that the streaming company values,