The Duke and Duchess of Sussex previously volunteered at the Preschool Learning Center, which is close to where Meghan attended middle and high school, says a source.
Hello! reports that Meghan and Harry's friend said they "wanted something traditional, a name that was powerful even without a title in front of it". This geographic balance will enable us to raise our son with an appreciation for the royal tradition into which he was born, while also providing our family with the space to focus on the next chapter, including the launch of our new charitable entity.
The multi-year deal will encompass documentaries, docu-series, feature films, scripted shows and children's programming.More news: Bill Bailey is the seventh celeb confirmed for 'Strictly Come Dancing 2020'
The value of the deal was not disclosed, but it marks the couple's biggest step so far to engage in paid work in their new lives.
As well as continuing their charitable works, they have continued to work towards becoming financially independent, although it was reported that Prince Charles helped the couple purchase their home. They said that Netflix's reach will help them "share impactful content that unlocks action".
Prince Harry and Meghan, Duchess of Sussex have had plenty of homes since the royal pair officially stepped down as Senior members of the Royal Family. "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".
The couple has no previous experience as producers, but Netflix said they already have several projects in development, including a nature documentary series and an animated series that celebrates inspiring women.More news: Video Shows DC Police Fatally Shoot Man With Gun
Since the beginning of the year Meghan has voiced a documentary called Elephant for Disney Plus and Prince Harry has made a cameo appearance in the Netflix documentary Rising Phoenix, although Meghan isn't expected to make a return to acting, having left hit US TV series Suits when ahead of her engagement to Prince Harry in 2017.
Among them, the company has a pact with Barack and Michelle Obama for a similarly broad slate of shows and movies.
The couple have worked with a charity to hand out meals to chronically ill people in Los Angeles, and Markle - whose mother is black - spoke out in June after the death of George Floyd, an unarmed African American killed in police custody.More news: Shooting For 17th Season Of Greys Anatomy To Begin In September