Prince Harry, Meghan Markle forced to restart branding effort
Prince Harry and Meghan Markle have been ordered by Her Majesty Queen Elizabeth II to drop the ‘Sussex Royal’ title from their branding effort.
A prominent paparazzi agency has filed for Chapter 11 bankruptcy after a lengthy legal battle against Meghan Markle.
Splash News & Picture Agency reportedly reached a settlement with the Duchess of Sussex in December over a case she filed earlier that year claiming an invasion of privacy after photographs snapped her and her son at a Canadian park.
According to The Hollywood Reporter, Splash filed for Chapter 11 bankruptcy, noting that in addition to a global pandemic keeping celebrities off the streets and in their homes for a year, the cost of battling Markle in court caused it to default on a loan now worth nearly $1 million.
"Splash’s financial problems stem from three sources," Splash’s president, Emma Curzon, said in a declaration submitted as part of the bankruptcy (per THR). "As a consequence of the global pandemic the availability of celebrity images has declined and budgets within media companies have been cut to reflect wider macro-economic challenges. This situation has been exacerbated by two ongoing litigation cases and the costs of defending these cases."
MEGHAN MARKLE'S DRESS IN BOMBSHELL OPRAH INTERVIEW COST NEARLY $5,000