Tag Archives: Royal Families

Saudi Crown Prince Mohammed bin Salman and Roman Abramovich Played Role in Russia-Ukraine Prisoner Swap

The crown prince of Saudi Arabia, Russian oligarch

Roman Abramovich,

and a top Ukrainian negotiator played key roles in months of talks that led to the release of more than 250 prisoners by Russia and Ukraine this week in a broader deal involving Turkey, according to U.S., Ukrainian and Saudi officials and others familiar with the negotiations.

Mr. Abramovich personally accompanied 10 prisoners, including British and American detainees captured by Russia in Ukraine, onto a private jet that took them to Riyadh, Saudi Arabia, from Russia earlier this week, Saudi officials said. Other people familiar with the situation confirmed Mr. Abramovich’s involvement.

The flight was one aspect of a sprawling diplomatic agreement that led to the release of more than 200 Ukrainians, including some that were flown to Turkey, along with 55 Russians and a pro-Kremlin Ukrainian politician, who were returned to Russia. The release included soldiers involved in a monthslong siege in the city of Mariupol that became a symbol of Ukrainian resistance.

‘Until the last person crossed the border, there was such huge tension,’ said Rustem Umerov, a Ukrainian negotiator who was involved in the prisoner swap.



Photo:

Sergei Kholodilin/Associated Press

The unusual cast of characters involved in the agreement shows how Ukraine is reaching beyond its traditional partners to secure diplomatic breakthroughs when Ukrainian forces are making gains against Russia on the battlefield.

Saudi Arabia’s involvement was perhaps the most surprising aspect of the exchange, which was also brokered by Turkish President Recep

Tayyip Erdogan.

Until the prisoner negotiations, the Saudi kingdom played little role in any diplomacy surrounding the Russia-Ukraine war, as Crown Prince

Mohammed bin Salman

has drawn closer to Russia in recent years.

“Our aim is to save people, and we needed a country who is strong and independent with leverage over our northern neighbor,” said Rustem Umerov, a Ukrainian negotiator who was involved in the prisoner swap. “We shared the risks by separating the tracks. For foreign POWs, we cooperated with Saudi Arabia, and Ukrainian POWs, we cooperated with Turkey.”

Prince Mohammed this year has rejected American pressure to produce more oil, elevating energy prices and helping Russia fund its attack on Ukraine. Prince Mohammed is only now re-emerging after years of international isolation following the murder of journalist Jamal Khashoggi by Saudi government agents in 2018.

Getting involved in diplomacy around the war doesn’t mean the prince is backing away from his support for Russia. People familiar with the government’s thinking say he instead used the talks to rehabilitate his international image.

Released prisoners of war arriving in Riyadh, Saudi Arabia, on Wednesday.



Photo:

SAUDI PRESS AGENCY/VIA REUTERS

Mr. Abramovich, the former owner of Chelsea Football Club, has acted as a backchannel between Russia and Ukraine since the early days of the war, showing up during peace negotiations in Istanbul and helping to negotiate a deal in July that unlocked Ukraine’s Black Sea grain exports, according to officials and others familiar with the talks. He also played a central role in the prisoner negotiations, said Mr. Umerov.

“He facilitated all the POW-exchange matters with Russian officials, including different agencies and ministries and contributed to their release effort,” said Mr. Umerov, who is the special envoy of Ukraine President

Volodymyr Zelensky.

Saudi Arabia’s role in the prisoner swap resulted from contact between Ukrainian and Saudi officials in March of this year, according to Saudi and U.S. officials. Mr. Umerov flew to the kingdom in March and met that month with Saudi officials including the kingdom’s foreign minister, the officials said.

At the time, Prince Mohammed saw the talks as an opportunity to assert his influence on the world stage, and outflank rival countries, like Qatar, that might have played a mediating role in the conflict, Saudi officials said.

Throughout the war, Turkey, long a Saudi rival, has been a key broker in negotiations between Russia and Ukraine. Turkey has hosted two rounds of unsuccessful peace negotiations and helped broker the grain agreement signed in Istanbul in July.

Turkey also tried unsuccessfully to negotiate the evacuation of fighters from Mariupol during the Russian siege of the Azovstal Steel plant in April and May. The soldiers defending the plant, included many members of the Azov Battalion, which has been a target of Russian propaganda around the war because of the inclusion of far-right activists in its ranks. The siege ended on May 16 when hundreds of the fighters were captured by Russia.

Saudi and Russian officials remained in contact over the following months, negotiating toward a possible agreement. Prince Mohammed was personally involved in the negotiations, Saudi and American officials said.

Mr. Abramovich played a role as a backchannel to Russia, leveraging his personal relationship with both Mr. Putin and the crown prince, according to people familiar with the negotiations. The Russian oligarch visited Saudi Arabia in August and met with the crown prince. As the talks gathered steam, Mr. Umerov discussed the prisoner swap with the crown prince in Riyadh on Tuesday, said a U.S. official.

Kremlin-orchestrated referendums to annex territory Russia controls in Ukraine started in four regions on Friday. People in Russia said goodbye to their loved ones after President Vladimir Putin’s call-up for troops to fight in Ukraine. Photo: Associated Press

Ukrainian officials said they initially pushed to release a group of 50 prisoners of war, but through diplomacy unlocked a deal for even more.

“It was cooked for a very long, long time,” Mr. Umerov said of the deal. “Until the last person crossed the border, there was such huge tension.”

Saudi Arabia was the first to disclose the prisoner swap on Wednesday, announcing that 10 foreign nationals had flown to Riyadh from Russia. Saudi officials alerted the U.S. Embassy in Riyadh that two Americans were on the plane. Saudi Arabia’s deputy foreign minister, Saud al-Sati, a former ambassador to Russia, also played a key role in the talks and accompanied the freed detainees on the plane, Saudi and U.S. officials said.

The foreigners included three men—two British and one Moroccan—who had been sentenced to death in June by a court controlled by pro-Russian separatists in Ukraine after being captured in Mariupol, British officials confirmed. Another British man died in custody. The men were among thousands of people who joined Ukraine’s foreign legion to help the country fight Russia’s invasion this year.

Also among them were two men from Alabama, Andy Huynh and Alex Drueke, U.S. military veterans who joined Ukraine’s armed forces in the battle against Russia, said U.S. Rep. Robert Aderholt (R., Ala.).

Write to Jared Malsin at jared.malsin@wsj.com, Summer Said at summer.said@wsj.com and Stephen Kalin at stephen.kalin@wsj.com

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World’s Central Banks Race to Raise Rates After Fed Increase

LONDON—Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the Federal Reserve in risking a recession to rein in climbing prices.

In a flurry of central bank meetings from Norway to South Africa, many raised rates by larger-than-expected margins in a day that analysts at ING billed as “Super Thursday.”

The Bank of England raised its key interest rate for the seventh consecutive time Thursday. Before the news came out, the British pound briefly touched its lowest point in 37 years against the dollar before recovering some of its losses to reach $1.13.

Even some countries that didn’t move rates—the

Bank of Japan

left its policy rate at its previous low level—took other action to ease the growing inflation pressure.

Japan said Thursday it intervened in currency markets to sell dollars and buy yen, the first such intervention in 24 years, to slow the recent fall in the Japanese currency. The yen fell to 145.87 to the dollar, its weakest level since 1998, before the intervention. It then surged to hit 141 yen, though still far off the 115 yen mark at which the dollar was trading earlier this year.

Haruhiko Kuroda, governor of the Bank of Japan, kept the central bank’s ultralow interest rates in place on Thursday.



Photo:

/Bloomberg News

Japanese Finance Minister

Shunichi Suzuki

later said the government would act again if needed, without indicating the size of the intervention. “Although foreign-exchange rates in principle should be determined in the market, we cannot stand by idly when speculative and excessive moves repeatedly occur,” he said.

The central bank meetings, mostly pre-scheduled, came after the Fed announced its 0.75-point increase the day before and capped a bustling week of global monetary policy tightening. Many central bank officials struggling with a crisis of public confidence after initially arguing that inflationary rises would be temporary, are now racing to raise interest rates to catch up with soaring prices, but not so fast that they trigger unnecessary economic pain.

Switzerland’s central bank joined the stampede toward higher rates by announcing an interest-rate increase that will put its benchmark lending rate above 0% for the first time since 2014, bringing an end to Europe’s last remaining experiment in setting negative interest rates. Sweden’s Riksbank lifted rates by 1 percentage point earlier this week, its largest increase in almost three decades.

The Bank of England was among the last to adjust rates higher, raising its key interest rate for the seventh consecutive time Thursday. Before the news came out, the British pound briefly touched its lowest point in 37 years against the dollar before recovering some of its losses to reach $1.13.

The outlier was Turkey, which appeared unconcerned with the spreading inflation threat. Its central bank cut its benchmark interest rate to 12% from 13%, despite inflation surpassing 80% in August and prompting a renewed slide in the value of its currency. Turkish President

Recep Tayyip Erdogan

has long pressured the bank to keep interest rates low and adhere to his contrarian views that high interest rates encourage rather than prevent inflation. Turkey’s lira then fell to another record low.

Among the nine members of the Bank of England’s monetary policy committee, seven voted for the half-point rate increase to 2.25%, while one voted for a smaller quarter-percentage point rise, and one other pushed for a larger three-quarter-point jump in interest rates. The split views highlight the competing concerns and conflicting economic signals central bank officials the world over are facing, but which are particularly pronounced in the U.K., which is wrestling with its worst inflation increase in roughly four decades.

How have China, Mexico and Greece handled inflation, and where does the U.S. fit in? WSJ’s Dion Rabouin explains.

Central bank officials are particularly worried about how higher interest rates might buffer the nation’s economy and exacerbate a cost-of-living crisis.

The latest economic data pointed to tentative signs that inflation in the U.K. was slowing, but also presented weaker-than-expected readings on gross domestic product. As in the U.S., a tight labor market and low unemployment have been a source of strength despite broad economic weakness.

In coming to their decision Thursday, BOE officials eschewed the option of a larger rate rise which some were expecting. The bank has continued to exhibit greater caution in the fight against inflation than central bankers elsewhere who are increasingly following the Federal Reserve’s strategy of lifting interest rates by 0.75 percentage point or more at a time.

“They are walking exactly the same tightrope at the BOE but the calculus is a lot more about how fragile the economy is, even though the U.K. has one of the worst inflation problems of the G-10,” said Altaf Kassam, head of investment strategy for Europe, the Middle East and Africa at State Street Global Advisors.

By opting for the half-point increase, BOE officials pointed to recent government measures to cap soaring energy bills that are expected to help alleviate one of the biggest contributors to U.K. inflation.

The Bank of England said consumer price rises in the U.K. will peak at just under 11% in October.



Photo:

Chris Ratcliffe/Bloomberg News

At its last meeting, the bank had warned that inflation would peak above 13%. The bank said Thursday that the recently announced cap would likely mean consumer-price rises will peak at just under 11% in October but inflation could remain in double digits for months before falling. The government assistance would likely mean consumers spend more at a later date, adding to inflation in the medium term.

The bank also plowed ahead with plans to begin selling its portfolio of U.K. government bonds. The sales, totaling 80 billion pounds, equivalent to $90.2 billion, over the next 12 months, come just as the U.K. government is expected to borrow more to fund a yet-to-be-announced bumper spending plan.

The bank’s half-point rise also means officials opted to disregard recent criticism that they weren’t being tough enough on the inflation surge. U.K. Prime Minister

Liz Truss,

who recently took office, has said she would review the bank’s inflation-fighting mandate. Meanwhile, the BOE’s own surveys have shown public confidence in the central bank’s ability to control inflation has fallen to a record low.

The keenly anticipated meeting came a week later than initially planned after it was postponed during a period of national mourning following the death of Queen Elizabeth II.

Write to Will Horner at William.Horner@wsj.com

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King Charles III Pays Tribute to Queen Elizabeth II in First Speech

LONDON—

King Charles III

spent his first day as monarch on Friday reaching out to the British public, unexpectedly meeting mourners in front of Buckingham Palace and delivering a heartfelt address to the nation, paying tribute to his mother and pledging to serve the country for the rest of his life.

In his first address to the nation as king, King Charles teared up as he said farewell to his mother, Queen Elizabeth II, the country’s longest-serving monarch who died Thursday in Scotland.

“To my dear mama as you begin your last great journey to join my dear late papa, I simply want to say this: thank you,” King Charles said. The king, quoting Shakespeare’s Hamlet, concluded by saying “flights of angels sing thee to thy rest.”

Sitting in the room where his mother had once recorded Christmas messages to the nation, and wearing a black tie with a picture of Queen Elizabeth next to him, King Charles pledged to both respect the traditions of Britain while embracing those from different backgrounds, recognizing that the country had changed dramatically since the time his mother ascended to the throne.

“Our values have remained and must remain constant,” he said. “Whatever may be your background or beliefs, I shall endeavor to serve you with loyalty, respect and love, as I have throughout my life.”

The king paid tribute to his family. He said that his heir, Prince William, would become Prince of Wales, a title that Charles himself held for many years and is traditionally held by the heir to the throne. He also expressed his love for his younger son,

Prince Harry,

and his wife, Meghan, Duchess of Sussex. He also spoke of his devotion to his “darling wife” Camilla, who became Queen Consort.

The speech looked to put to bed some of the criticism that King Charles had faced for using his station as heir to the throne to bring about societal change on a range of topics including climate change and farming. He said he would no longer be able to give “so much time and energies” to the issues “for which I care so deeply.”

Queen Elizabeth II and her son Charles during his investiture as Prince of Wales in 1969.



Photo:

CENTRAL PRESS/AFP/Getty Images

Earlier, the new king arrived at Buckingham Palace and began the work of trying to win over a public in mourning over the death of his popular mother and those more skeptical about his ability to fill her place in the nation’s heart.

Dressed in black, the former Prince of Wales unexpectedly walked up and down in front of the palace to greet thousands of visitors who had turned up to pay tribute to the late queen and their new monarch, shaking hands and exchanging words amid shouts of “God save the king.”

Visitors offered words of condolence to the king about his mother’s death. One visitor handed the king a red rose.

The king and the Queen Consort then walked by the hundreds of floral tributes that lined the gates of the palace before entering inside to applause.

Thousands of Britons and tourists crowded around the palace, some bearing flowers and others waving flags. Visitors who couldn’t reach the gates to place flowers handed them to those ahead of them. Others placed bouquets, crosses, stuffed animals—and even a jar of Robertson’s marmalade, a nod to a recent video the queen made with Paddington Bear—at the base of nearby trees. Many attached handwritten notes, thanking the queen for her dedication and service. Flowers were tied to the railings of Buckingham Palace.

Tributes to Queen Elizabeth II outside of Windsor Castle on Thursday after her death was announced.



Photo:

Chris Jackson/Getty Images

“Even though this was expected in a way, it’s sad, it’s very sad,” said Coralie Perry, 48, who came to Buckingham Palace late Thursday to see the official announcement of the queen’s death posted on the palace gates, what she described as a “massive moment” in the country’s history.

“She was a constant in everyone’s lives, and especially through Covid, she was that one thing that didn’t change,” she said.

Ask WSJ

Remembering Queen Elizabeth II

WSJ reporters discuss Queen Elizabeth II’s life and legacy, and what happens next.

Britons mourned and began trying to get accustomed to the idea of having a king for the first time in seven decades. The country’s last king was Elizabeth’s father, King George VI, who died in 1952.

Gerald Newsom, a 78-year-old London resident who said he remembered when King George VI died, said he expected his new king to be quickly accepted by most Britons. “I think he’ll be good, I think he’ll be right for the time,” he said. “Maybe 20 or 30 years ago, it might have been a different story, but I think he’s matured into it.”

Close to Buckingham Palace, several thousand people gathered at Hyde Park to watch a 96-gun salute—one for each year of the late queen’s life—fired by the King’s Troop Royal Horse Artillery, using field guns from the World War I era. The Sebastopol Bell in Windsor Castle, a bell captured from the Russians during the Crimean War in the 19th century, tolled at midday. Flags on royal residences stood at half-staff.

Prime Minister

Liz Truss

met with the new king at Buckingham Palace.

Members of parliament, who just the day before had been engaged in a heated discussion over natural-gas prices, united to pay tribute to the only monarch most had known in their lives. All were dressed in black.



Prince

Andrew,

Duke

of York

Prince

Edward,

Earl of

Wessex

Lady

Louise

Mount-

batten

Windsor

Prince

George

of

Cambridge

Archie

Mount-

batten

Windsor

Lilibet

Mount-

batten

Windsor

Princess

Charlotte

of

Cambridge

Prince

Louis of

Cambridge

“Whether having tea with 007 or marmalade with Paddington Bear, she brought the monarchy into our lives,” Ms. Truss told fellow lawmakers, to the shouts of “yea.”

Opposition leader

Keir Starmer

quoted poet Philip Larkin: “In times when nothing stood but worsened or grew strange, there was one constant good. She did not change.” And former Prime Minister

Boris Johnson

showed he still had a way with words by offering what some saw as the most moving tribute of the day.

“I think millions of us are trying to understand why we are feeling this deep and personal and almost familial sense of loss,” he said. “But I think our shock is keener today because we are coming to understand, in her death, the full magnitude of what she did for all of us.”

A period of national mourning is expected to last around 10 days, during which some aspects of life in the U.K. will be paused. A planned strike by postal workers on Friday, stage six of the Tour of Britain cycling race and the second day of a cricket match between England and South Africa were all postponed, as were the weekend soccer games of the Premier League. The remainder of the Proms, a well-known series of British classical-music concerts, has been canceled. People visiting Parliament have been advised to wear dark clothing out of respect.

Images of the late queen graced billboards and train stations across the country, as well as the front page of virtually every newspaper. Even normally raucous tabloids like the Sun were subdued: “We loved you Ma’am,” the Sun’s banner headline read. Inside was a 36-page tribute.

France, a country the late monarch visited more than any other, turned off the lights to the Eiffel Tower, and French President

Emmanuel Macron

said, in English: “To you, she was your queen. To us, she was the queen.”

The king said the royal household would be in mourning until seven days after the queen’s funeral, the date of which hasn’t been confirmed. Flags at royal residences will remain at half-staff until the morning after the funeral.

Queen Elizabeth II and then-Prince Charles at the state opening of Parliament in 2019.



Photo:

WPA Pool/Getty Images

On Saturday, King Charles will visit Parliament where senior ministers will swear an oath to him. That day, a ceremony will take place at St. James’s Palace in London to formally proclaim King Charles III as monarch, after which ceremonial guns will be fired across the capital.

The late queen will lie in rest in Scotland before her body is expected to be flown back to London in a few days’ time. People will then be allowed to file past her coffin to pay tribute for several days.

The day of the funeral in Westminster Abbey, which is expected to be in 10 or 11 days, will likely be declared a national holiday. The queen will be laid to rest at St. George’s Chapel at Windsor Castle, where her husband, Prince Philip, was buried last year after he died at the age of 99.

Aides to King Charles have said the new monarch envisions a slimmed-down and lower-cost royal family that remains at the center of Britain’s national life. To do that, he must unite his family at a time when the House of Windsor is grappling with strained relationships, including the acrimonious split with his son Prince Harry, who quit royal duties in 2020 and has had a strained relationship with his brother William.

King Charles isn’t universally popular with his subjects. With a 42% approval rating, Charles was the seventh most popular British royal in a recent YouGov poll, below his son Prince William. The queen was the most popular, with 75%.

Palace aides said they expect his popularity to rise as the nation gets used to him in the role as king.

King Charles takes over the monarchy at a difficult time for the U.K., with record inflation and a looming recession. Hours before the Queen died, the government said it would spend over £100 billion subsidizing household and business energy bills, which are surging due to the war in Ukraine.

Unlike his mother, who was in her 20s when she became queen and deferred to more experienced courtiers inherited from her father, Charles has had decades to study for the role. Charles, 73 years old, is the oldest man to ascend to the throne, eclipsing William IV, who took over in 1830 at the age of 64.

Lucy Holroyd, a 50-year-old from Reading, was at a pub Thursday evening when she heard the news of the queen’s passing. Overcome with emotion, she began crying. When she woke up Friday, she said, she felt compelled to head to Buckingham Palace.

“I just needed to feel part of it,” she said. “It felt like losing your mum or something.”

Standing close to the front gates of the palace, she met Risé Kirbo and Beverly Young, both 71, who were on a delayed 70th-birthday trip from the United States and decided to stop by the palace to pay their respects.

“When you suffer a loss you want to be around people who are grieving with you,” said Ms. Kirbo, of California. “I’ve just always had such respect for her. She was so real.”

All three women said they were feeling uncertain about a future under King Charles III.

“I feel a bit disturbed. She’s the face of this country. It’s going to be a transition to look at someone else and put them in that place,” said Ms. Kirbo, adding that she feels skeptical of Charles after his divorce from Princess Diana. “I still kind of carry that.”

Sharon Levy, a 65-year-old resident of North London, teared up as she described her affection for the queen. “She represents every woman’s strength. She never got knocked off, she was always focused, she always held herself together,” she said.

Ms. Levy said she didn’t believe Charles should take the throne. “He represents more grief to us—we were all here for the funeral for [Princess] Diana,” she said. “And I think sometimes you have to be big enough to say, ‘I made a mistake and I shouldn’t take the throne.’ This is the end of something.”

Write to Max Colchester at max.colchester@wsj.com, David Luhnow at david.luhnow@wsj.com and Caitlin McCabe at caitlin.mccabe@wsj.com

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Jordan’s Prince Hamzah Asserts ‘Misrule’ as Allies Arrested

DUBAI—A schism in Jordan’s ruling royal family burst into the open on Saturday, with the reigning monarch’s younger brother saying he had been effectively placed under house arrest and state media reporting that senior officials had been detained as part of security investigations.

In a video broadcast on BBC, Prince Hamzah bin Hussein, decried efforts to silence him and criticized the government of his brother, King Abdullah, an important U.S. ally, saying, “This country has become stymied in corruption, in nepotism and in misrule.”

The prince—who was removed as crown prince, a position that put him next in line for the throne, by King Abdullah in 2004—said a number of his friends had been arrested and that he was told not to leave his home. He said his security detail had been removed and his internet and phone lines cut.

More than 20 people have been taken into custody so far, mostly close allies of the prince, according to two senior Arab envoys based in Jordan and another person familiar with the matter. Jordan’s state-run Petra news agency quoted the head of the country’s military joint chiefs of staff as saying the people arrested were being held as part of “joint comprehensive investigations undertaken by the security forces.”

Jordanian authorities told diplomats that they were investigating a foreign-backed plot to destabilize the country, these people said. In his video, Prince Hamzah said there was no such plot.

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Prince Harry Is Taking on a New Job Title: Chief Impact Officer at BetterUp

No longer a working member of the royal family, Prince Harry has a new job: executive at a Silicon Valley startup.

The Duke of Sussex will become chief impact officer of BetterUp Inc., the fast-growing coaching and mental health firm, the company plans to announce Tuesday.

The role is the latest foray into business for the duke who, with his wife, Meghan Markle, relinquished roles as full-time working members of the British monarchy and have tapped into their celebrity with a string of lucrative deals in recent months.

“I intend to help create impact in people’s lives,” Prince Harry said in an emailed response to questions about why he’s taking the job. “Proactive coaching provides endless possibilities for personal development, increased awareness, and an all-round better life.”

In the BetterUp position, Prince Harry is expected to have input into initiatives including product strategy decisions and charitable contributions, and advocate publicly on topics related to mental health.

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Meghan Markle and Prince Harry Interview With Oprah Fetches at Least $7 Million From CBS

Talk isn’t cheap when it comes to

Oprah Winfrey,

Prince Harry and Duchess of Sussex

Meghan Markle.

CBS

VIAC 3.28%

is paying a license fee of between $7 million and $9 million for the rights to air Ms. Winfrey’s interview with Prince Harry and the Duchess of Sussex, according to people familiar with the pact.

The two-hour interview is scheduled for Sunday on CBS at 8 p.m. ET, after the network’s popular news magazine “60 Minutes.” Sunday is one of the biggest nights of television consumption.

As part of the agreement between CBS and Ms. Winfrey’s production company, Harpo Productions, the network also has rights to license the special in international markets. In the U.K., the interview will air Monday on ITV. CBS is a unit of ViacomCBS Inc.

A spokeswoman for the couple said they are not being compensated for the interview.

CBS was seeking roughly $325,000 for 30 seconds of commercial time during the program, according to ad buyers, about twice the normal price of ad time in that time period.

Harpo also pitched

Comcast Corp.’s

NBC and

Walt Disney Co.

’s ABC, people familiar with the situation said.

Ms. Winfrey has ties to CBS. She had a brief stint as a member of the “60 Minutes” team and has been longtime friends with CBS News anchor Gayle King. In addition, CBS owns the company that distributed Ms. Winfrey’s daytime talk show.

Prince Harry and Ms. Markle said last year they would step away from Britain’s royal family. Their departure has been rocky. The Duke and Duchess of Sussex, as they are known, wanted to trademark the brand “Sussex Royal” but officials at Buckingham Palace said no.

The Sussexes moved to Montecito, Calif. and have focused on various ventures to create audio and video content, including a five-year pact with

Netflix Inc.

that is valued in the $100 million range, according to people with knowledge of the deal.

The couple no longer receives a stipend from Prince Harry’s father, Prince Charles, or funds from the U.K. taxpayer.

Interest in the interview has heated up in recent days after clips promoting it were released in which the couple talked about why they wanted to leave Buckingham Palace.

Big ticket TV interviews used to be a staple of broadcast television. Networks would battle each other to land top newsmakers or celebrities. While TV news divisions say they are loath to pay subjects for interviews, they often end up licensing footage or paying consultants high fees to land the subject.

In this case, CBS News isn’t involved in the interview, nor is it being promoted as a news event. The special is being programmed by the CBS entertainment division.

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Appeared in the March 6, 2021, print edition as ‘CBS to Pay Royally for Winfrey’s Sussexes Interview.’

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