One “highly placed” Hollywood insider told Page Six: “This deal is about making Meghan a power player in Hollywood.
“Even though she is, of course, an actress, this isn’t about movies or shows for Meghan to star in, it is about creating projects for her to produce – she wants to run the show.”
A source who knows Meghan and her husband Prince Harry said: “They need to find a way to make money – this is business.”
Another insider added: “Through the fact that Archewell (her company with Prince Harry) is now repped by WME it bolsters Harry and Meghan’s bid to become power players in the production arena.”
The Duke and Duchess of Sussex quit their roles at the start of 2020 when relocating first to Canada and now to Montecito in California.
Since then, they signed a multi-million dollar deal with Netflix, starring in their own six-part documentary series on the online streaming platform in December.
They also signed another lucrative agreement with Spotify, with Meghan believed to be bringing her Archetypes podcast for a second season, according to Page Six.
A source told the publication: “As Meghan has herself said, she’s moved on, she’s living in the present and she’s going to explore her life with the freedoms that her new life affords her.”
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The insider claimed the deal with WME will be “more solely focused” on her business ventures, adding: “She has a lot of business ideas, she considers herself an entrepreneur, and now there’s a machine behind her to support those ideas.”
Another industry insider familiar with the WME deal said: “This is definitely not a move back into acting, Meghan is exceptionally ambitious.”
Both Meghan and Harry had kept a low profile since the release of the prince’s tell-all memoir, Spare, in January, which saw him make several claims against members of the Royal Family.
But last week they were pictured together for the first time in several months at a basketball game in LA.
They appeared in high spirits as they laughed and joked with each other, and were even shown on the big screen in front of thousands of fans in attendance.
Harry is also attending the Coronation of his father King Charles III at Westminster Abbey in London next Saturday.
However Meghan will not be by his side as she is remaining at home in California with the couple’s two young children – Prince Archie and Princess Lilibet.
Archie’s fourth birthday falls on the same day as the Coronation, and it has been reported Harry could rush back from the UK to celebrate his son’s special day with him.
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