Harry and Meghan have signed a deal with Netflix to create documentaries, feature films and other shows.
It comes after the couple made the shock announcement that they were stepping back as senior royals earlier this year.
The Duke and Duchess of Sussex will be producing films and series for the streaming platform, including scripted series, docu-series, documentaries, features and children’s programming.
Releasing a statement, they said: “Our lives, both independent of each other and as a couple, have allowed us to understand the power of the human spirit: of courage, resilience, and the need for connection.
“Through our work with diverse communities and their environments, to shining a light on people and causes around the world, our focus will be on creating content that informs but also gives hope.
“As new parents, making inspirational family programming is also important to us, as is powerful storytelling through a truthful and relatable lens.”
Several projects are already in development, including a nature docu-series and an animated series that celebrates inspiring women.
However, Meghan – former star of the legal drama Suits – has no plans to return to acting.
The couple moved from the UK to Canada and then LA with their son, Archie, shortly after their final public engagement as royals in March.
The value of their Netflix deal has not been disclosed, but it marks a big step in the move into paid work.
Ted Sarandos, the co-chief executive and chief content officer of Netflix, said Harry and Meghan had “inspired millions of people all around the world with their authenticity, optimism and leadership”.
He continued: “We’re incredibly proud they have chosen Netflix as their creative home – and are excited about telling stories with them that can help build resilience and increase understanding for audiences everywhere.”
Earlier this year, Meghan narrated a documentary film, Elephant, for Disney+, in her first post-royal role.
Last week, Harry appeared in the Rising Phoenix documentary, about the history and impact of the Paralympic Games, on Netflix.