Meghan Markle Reportedly Gearing Up To Launch New Commercial Project 'Genuine To Who She Is'
By Favour Adegoke on September 6, 2023 at 11:00 AM EDT
What is Meghan Markle cooking?
Reports have it that the Duchess of Sussex is getting set to launch a new project soon, barely weeks after rumors spread that she's also making plans to return to Instagram.
It is unclear what the new project will be about. However, it will reportedly be something that will be "authentic" to the former actress. Meanwhile, experts also predicted that Meghan will earn a lot from influencing fees once she returns to Instagram.
Read below for more details.
Meghan Markle To Launch Project 'Genuine To Who She Is'
According to the Telegraph, Meghan is working on launching a "major new commercial venture" soon.
Details about the project are still very much under wraps, but that hasn't stopped sources from speculating what it might be.
Some have claimed that it might share some similarities with Goop, the renowned lifestyle business helmed by actress Gwyneth Paltrow. Others have also claimed that the new project is not related to Meghan's axed lifestyle blog, which had over 1 million subscribers when she packed it up in 2017.
Amid all the rumors, it's believed that the upcoming project will be "genuine to who she is," suggesting that the majority of the project's concepts and ideas will originate directly from Meghan herself.
The project has also been linked to Meghan's proposed return to Instagram, which has swirled around in recent weeks.'
Meghan Markle Is Set To Return To Instagram
Meghan previously had a joint account with her husband, Prince Harry, titled @sussexroyal, which was deactivated in 2020 after they stepped down from being senior royals.
A new account, "@meghan," is said to belong to the Duchess of Sussex and has amassed over 100k followers since news of her proposed return hit social media.
If there were any uncertainties about the ownership of the new account, a source with ties to the former actress affirmed the news, as reported by the Daily Mail.
"Yes, that's her. Expect an announcement very soon. She's coming back," the source said.
The fact that the account also has a picture of pink peonies as its profile photo further confirms the news, as the flowers are reportedly Meghan's favorite.
Experts Predict That Her New Account Would Be A Big Hit
Ahead of Meghan's return, several experts have predicted that it would lead to the former actress getting a big payday, per Daily Mail.
"I would expect her to quickly become one of the most followed accounts on Instagram," said social media expert Eric Schiffer, who once worked with "Real Housewives of Beverly Hills" cast members.
He added, "You have celebrities like the Kardashians who can command $1 million (£790,000) and up for a single post promoting a product. There is no reason Meghan couldn't be earning those sorts of fees."
Marketing expert Kent Moore also noted the same thing, adding that Meghan's status would help her achieve it.
He said, "I think she would instantly shoot into the top ten highest-paid influencers in the world. Her status is unique because she is a celebrity, actress, and royalty."
He added, "Meghan could charge a million dollars per post as an absolute minimum. That sum would rise quickly if her partnerships achieve global coverage and traction."
Prince Harry And Meghan Markle's 'Heart of Invictus'
Just last week, Netflix unveiled the Invictus Games documentary, "Heart of Invictus," on their streaming platform, nearly two years after it received the green light for production.
The documentary delved into the experiences of armed services personnel and veterans who have faced wounds, injuries, and illness as they took part in the 2022 Invictus Games held in The Hague, Netherlands.
The documentary was made together by Netflix and Archewell Productions, which is the production company run by Prince Harry and Meghan.
It is one of several projects they agreed to do as part of a $100 million deal signed in 2020. Before this, they made the bombshell two-part series "Harry & Meghan."
The deal also allows Prince Harry and Meghan to make other things for Netflix, like movies, scripted TV shows, and programs for kids.
A recent report revealed that the royal duo has acquired the film rights for the romance novel Meet Me At The Lake, which will be their biggest Hollywood project.
