The new series will see former US president Barack Obama and his wife Michelle serve as executives through their company Higher Ground.
David Flynn will serve as an executive producer alongside Mr and Mrs Obama. Flynn is part of the production team wiip (Mare of Easttown, Toast of Tinseltown), which is joining Higher Ground and Netflix, bringing this series to the screens.
This new series called Bodkin (working title), has been described as a "a darkly comedic thriller about a motley crew of podcasters who set out to investigate the mysterious disappearance of three strangers in an idyllic, coastal Irish town".
The synopsis also adds, "But once they start pulling at threads, they discover a story much bigger and weirder than they could have ever imagined".
"As our heroes try to discern fact from fiction - about the case, about their colleagues, and, most painfully, themselves - the series challenges our perception of truth and exposes the stories we tell ourselves to justify our beliefs or validate our fears".
The Obamas have also said they are "ecstatic" to work on this "wickedly wry thriller".
The series' cast is to feature, Síobhan Cullen, Robyn Cara, Will Forte, Chris Walley and David Wilmot.