Barack Obama's first talk show appearance after leaving office was on My Next Guest Needs No Introduction, David Letterman's six-part series on Netflix. Perhaps it's fitting, then, that one of the Obamas' first projects since moving out of the White House will be a storytelling partnership with Netflix.

On Monday, the streaming service announced that they've entered into a multi-year deal with Barack and Michelle Obama, who produce films and series under a company called Higher Ground Productions. So what can we expect from the former president and first lady? According to Netflix, they will be producing a "diverse mix of content," which could take the form of scripted and unscripted series, documentaries, and features.

"One of the simple joys of our time in public service was getting to meet so many fascinating people from all walks of life, and to help them share their experiences with a wider audience," Barack Obama said in a statement. "That's why Michelle and I are so excited to partner with Netflix. We hope to cultivate and curate the talented, inspiring, creative voices who are able to promote greater empathy and understanding between peoples, and help them share their stories with the entire world."

The former first lady added that Netflix was a "natural fit" for the kinds of stories they want to tell. According to The New York Times, Barack Obama said he does not intend to use the platform for political ends.

Last year, the Obamas signed a joint book deal with Penguin Random House worth $65 million. Michelle's memoir, Becoming, will be published on November 13, while details about Barack Obama's memoir are forthcoming.