The Sussexes' Netflix deal will see them produce an array of content including documentaries, docu-series, feature films, scripted shows and children’s programming, according to the New York Times.
“Our focus will be on creating content that informs but also gives hope,” the couple said in a statement.
They also spoke about the importance of children's content, and mentioned their one-year-old son, Archie.
“As new parents, making inspirational family programming is also important to us," they said.
Both the Duke and Duchess of Sussex have television experience, and Harry has recent experience with Netflix. The 35-year-old made a surprise appearance in the platform's documentary Rising Phoenix, which focused on the Paralympic Games.
It's not known if the duke and duchess will appear in front of the camera for any of the Netflix projects, but they had previously expressed a desire to focus on work behind the scenes.
The Netflix announcement comes after reports that Harry and Meghan had been pitching a TV project to companies in Los Angeles.
According to Variety, the Sussexes took meetings for the project in June, including with NBCUniversal.
Details about the nature of the project were kept quiet, including whether it was scripted or unscripted, HELLO! UK reported. It was thought Harry and Meghan would serve as joint producers.
In this challenging time, it’s really hard to be separated from family and friends. It’s also a time when everyone needs a beautiful escape. Here at Hello! Canada, we’re still busy creating the magazine you know and love, to spread positivity and provide some entertainment as a gentle reprieve from all the hard news. And with our new special offer for subscribers, there’s never been a better time to have Hello! delivered directly to your front door. Why not treat yourself, or someone you love, today?