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Harry and Meghan Face New Questions Over Audience Pull as ‘Cookie Queens’ Documentary Struggles at Box Office

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Prince Harry

Prince Harry and Meghan Markle are facing renewed scrutiny over their ability to translate their global name recognition into paying audiences, after their latest documentary project underperformed significantly at the box office, according to public relations experts who have weighed in on the film’s disappointing run.

“Cookie Queens,” a documentary on which the Duke and Duchess of Sussex serve as executive producers, follows four Girl Scouts competing to become the season’s top cookie seller. The film debuted in theaters two weeks ago but has struggled commercially, with reports indicating it was outperformed at the box office by a compilation of viral cat videos released around the same time.

PR expert Mayah Riaz cautioned against interpreting the film’s weak box office performance as a direct referendum on Harry and Meghan’s broader public standing, telling The News International that the situation is more nuanced than it might initially appear. “I would be careful about viewing the box office result as a straightforward verdict on Harry and Meghan themselves,” Riaz said. She noted that the documentary’s subject matter inherently limited its commercial ceiling. “Cookie Queens is a niche documentary about Girl Scouts and their cookie-selling competition, so it was never going to have the natural commercial pull of a major mainstream film,” Riaz said, adding that the film’s “relatively limited theatrical release” made direct comparisons to conventional blockbuster releases difficult to draw.

Despite that context, Riaz identified what she described as a more significant underlying concern for the couple’s broader media strategy. “There is a bigger PR issue here,” she said, explaining that much of Harry and Meghan’s public profile has been built around generating conversation rather than necessarily driving audience engagement with any single project. “Harry and Meghan have built a huge amount of their profile around being talked about,” Riaz said, but she drew a clear distinction between that visibility and genuine commercial demand. “There is an important difference between generating headlines and generating audiences,” she said.

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Riaz went on to argue that the couple’s ability to dominate news coverage does not automatically translate into consumer engagement with their creative output. “Their names can still dominate the news cycle,” she said, “but that doesn’t mean people will spend money or time consuming every project they attach themselves to.” She offered a pointed observation about the paradox facing the Sussexes’ current media strategy, suggesting that their recent efforts to present more conventional, less controversial content may be working against their ability to generate genuine public interest. “In fact, I think the irony is that the less controversial the project becomes, the harder it can be for them to generate genuine curiosity,” Riaz said.

Royal commentator Kinsey Schofield offered a similar assessment of the documentary’s underwhelming reception, telling Fox News Digital that the Sussexes can no longer rely on their names alone to guarantee a project’s commercial success. “Harry and Meghan remain extraordinarily effective at generating headlines, but headlines and paying customers are two very different things,” Schofield said. She suggested that the earlier period in which the couple’s involvement alone was sufficient to drive significant public curiosity toward a project has passed. Schofield noted that the days are gone “when simply attaching their names to something guaranteed enormous curiosity.”

The commentary surrounding “Cookie Queens” adds to an ongoing broader conversation about the commercial performance and public reception of Harry and Meghan’s various media ventures since the couple stepped back from their roles as senior working royals in 2020 and relocated to the United States. The Sussexes have built an extensive media and business portfolio in the years since their departure, including documentary series, podcasts and books, some produced through content agreements with major streaming platforms, alongside various lifestyle and commercial ventures under Meghan’s Sussex-branded lines of products.

Reaction to the couple’s various projects has historically been mixed, with some earlier releases, including their widely watched Netflix documentary series, drawing significant viewership numbers upon release even as critical reception often remained divided. “Cookie Queens,” by contrast, appears to represent one of the more modest commercial outings in the couple’s expanding media portfolio, both in terms of its limited theatrical distribution and its niche subject matter centered on a youth-oriented fundraising competition rather than material more directly tied to the couple’s own personal narrative or royal experiences.

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The broader questions raised by PR experts regarding the durability of the couple’s public draw arrive amid continued speculation about the state of Harry and Meghan’s relationship with the wider royal family, as well as ongoing coverage of their evolving media and business ventures in the years since their departure from official royal duties. Neither Prince Harry nor Meghan Markle has publicly responded to the specific commentary regarding “Cookie Queens” or the broader questions raised about their ability to convert headline attention into paying audiences for their creative projects.

As the couple continues developing additional media and commercial ventures, the reception to “Cookie Queens” is likely to serve as one data point among several that industry observers and entertainment commentators will continue watching closely, particularly as questions persist about whether the substantial public attention the Sussexes continue to generate translates reliably into the kind of sustained commercial engagement typically associated with successful entertainment properties. Representatives for Harry and Meghan have not issued a public statement addressing the box office performance of “Cookie Queens” or the broader commentary from PR experts regarding the couple’s audience-building strategy.

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Global Fund Managers Ultra-Bullish on Stocks, Survey Finds

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Alphabet Is Selling 100-Year Debt as Part of a Big Bond Sale

The share of fund managers who said they are overweight equities is at its highest level since November 2021.

When asked what they expected the world economy to do in the next 12 months—a soft landing (a gentle slowdown) or a hard landing (a sharper slowdown)—most respondents chose neither. Instead, a record 56% of fund managers predicted “no landing,” or continued growth.

Some 72% of respondents said they didn’t expect the Fed to hike interest rates before the November midterm elections.

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Fed Minutes Lean Hawkish, But We Don't Expect A Hike

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New Fed Chair Changes The Conversation

Fed Minutes Lean Hawkish, But We Don't Expect A Hike

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Nifty price-to-book ratio hits 6-year low, but market may not be cheap

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Nifty price-to-book ratio hits 6-year low, but market may not be cheap
Mumbai: The benchmark Nifty’s estimated price-to-book (P/B) ratio, a key valuation measure that compares a company’s market value with the value of its net assets or book value, has fallen below three times to its lowest level in six years.

The decline partly reflects the index’s large exposure to banks, whose shares have underperformed even as retained earnings have added to their book values.

Nifty’s one-year forward P/B is now below 2.96 times, compared with its five-year average of 3.18 times and 10-year average of 2.99 times. The six-year low suggests the Nifty is trading at a more moderate valuation relative to the book value of its constituents.

The composition of the index has contributed to the decline. Banks and financial services account for around 35% of the Nifty’s weight, the largest sector weight, while earnings growth in the sector has been stronger than rest of the index.

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Nifty P/B Ratio Hits 6-yr Low, but Market may Not be CheapET Bureau

NOT LOW RATIO ALONE Investors should also look at profitability, earnings cycle: experts

“The composition of the Nifty has been one of the reasons for the lower P/B,” said Siddharth Purohit, fund manager-equity at InvestValue Capital. “While BFSI has a dominant position in Nifty’s weight, their earnings growth in the sector over the past three years has been better than other components,” he said.


Retained earnings at banks have added to their net worth or book value, increasing the denominator used to calculate P/B. With shares of large banks such as HDFC Bank, Axis and Kotak Mahindra underperforming, their stock prices have not kept pace with the increase in book values, contributing to the decline in the Nifty’s P/B.
The Nifty is down 2.64% over the past year and 1.31% over the past two years. The current P/B reading, however, also needs to be viewed in the context of a change in Nifty’s book-value methodology. NSE shifted the calculation from standalone to consolidated financials in September 2023, which lowered the reported P/B from 4.31 times to 3.45 times without any change in share prices. On the earlier standalone basis, the current P/B would be around 3.7 times, slightly above the long-run average of about 3.5 times, according to market experts.Read more: India stocks top Indonesia as Asia’s least-favoured in BofA poll

For investors, the lower P/B suggests valuations have become more moderate relative to companies’ net worth, but it does not by itself mean the market is cheap.

A lower P/B can result from rising book values, falling share prices or a combination of both, and needs to be assessed alongside earnings growth and the outlook for profitability.

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Vivek Iyer, partner & CIO at Rational Asset Management, said investors should look beyond the headline valuation multiple and focus on earnings cycle.

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Trump threatens ‘tremendous economic consequences’ on any country helping Iran

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Trump, wearing a suit and no tie and a white "USA" hat, descending from airplane steps

President Donald Trump has announced the US will inflict “TREMENDOUS Economic Consequences” on any country that helps or does business with Iran.

He wrote in all capital letters on Truth Social he was launching “the most crushing economic operation ever taken against any country!” He gave no further details, and did not name any other nation.

It comes after a 60-day ceasefire with Iran expired on Monday, with no sign of a diplomatic or military off-ramp to the conflict that the US and Israel began at the end of February.

Trump’s latest move appears to extend the pressure campaign of Operation Economic Fury, launched in April to sanction foreign banks or firms that do business with Tehran.

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In Wednesday evening’s socal media post, Trump said he was launching “economic D-Day” on Iran because the Islamic Republic had failed to make a deal with the US.

“ANY country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran will itself face TREMENDOUS Economic Consequences,” Trump said.

He did not specify what punishment countries would face.

Trump continued: “Oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies – It all needs to stop NOW. You know who you are.”

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The president’s comments come nearly a week after Treasury Secretary Scott Bessent said the US would impose economic isolation on the country “like the world has never seen before”.

The BBC has asked the White House and US treasury department for comment.

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Travis Kelce Teams Up with Publicis to Tame the College NIL Scramble

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Travis Kelce Teams Up with Publicis to Tame the College NIL Scramble
Nat Ives

Good morning. The WSJ Leadership Institute’s Katie Deighton reports:

Publicis Sports is teaming up with Kansas City Chiefs tight end Travis Kelce to tackle the Wild West of college athlete endorsements.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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BILL Holdings, Inc. 2026 Q4 – Results – Earnings Call Presentation (NYSE:BILL) 2026-08-19

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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Cricut CEO Ashish Arora sells $996,348 in company stock

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Cricut CEO Ashish Arora sells $996,348 in company stock

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Cathie Wood’s ARK sells Roblox stock, buys Broadcom and Cloudflare

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Cathie Wood’s ARK sells Roblox stock, buys Broadcom and Cloudflare

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Heartland Group FY2026 slides: profit doubles on margin gains, TSB deal

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Heartland Group FY2026 slides: profit doubles on margin gains, TSB deal

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Nike Stock Hits Lowest Level Since 2014 as Turnaround Drags On

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Nike Stock Hits Lowest Level Since 2014 as Turnaround Drags On

Nike Stock Hits Lowest Level Since 2014 as Turnaround Drags On

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