The pair recently moved into a new family home in affluent Santa Barbara, after a stint in nearby Los Angeles saw them become embroiled in a legal battle with paparazzi over photos taken of their son Archie.
The couple’s ambitions to produce in Hollywood had long been rumoured, with reports of meetings taking place in recent weeks with Disney, Apple and NBCUniversal. Specific details of other projects have not yet been released, but the couple is expected to produce scripted series and feature films as well as children’s programming.
The deal is a coup for Netflix, which is the world’s largest streaming platform with more than 190 million subscribers, but has lost key content as traditional studios launched their own rival platforms.
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