Prince Harry and Meghan Markle have been warned they are facing a “make or break” year to turn their Archewell production company into a Hollywood success story - or be cast aside.

A senior studio executive yesterday blasted the royal couple’s "alarming lack of original content" and bleakly forecast: "They could find themselves walking a financial tightrope simply to survive."

Like other independent film and TV companies, Archewell is now being clobbered by soaring costs and increased wage bills for actors and writers in the wake of last year’s crippling strikes that cost the entertainment industry an estimated £5 billion.
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