The eight-episode IMG series, named The Eddy, will premiere exclusively to Netflix members around the world.
Chazelle will also direct two episodes. This is England creator Jack Thorne will write the series and Alan Paul (Six Feet Under) will also executive produce the title.
The Eddy is a musical drama series that will be shot in France and feature dialogue in French, English and Arabic. It is set in contemporary multi-cultural Paris, revolving around a club, its owner, the house band, and the chaotic city that surrounds them.
Erik Barmack, vice president of international originals at Netflix, said: “From the intense, complex relationship between a jazz drummer and his instructor in Whiplash to his dazzling duo of lovelorn Los Angelenos in La La Land, Damien’s work is emotional and electrifying.
“We couldn’t be happier that he will be shooting The Eddy in France and that we will bring this bold, global and multilingual series to our members around the world.”
The SVOD giant has brought in a range of multilingual originals this year, including Spanish-language titles Las Chicas del Cable and Elite. TBI recently revealed it had ordered a new supernatural-themed drama from UK-based New Pictures.
Netflix is also set to unveil two original documentary shorts, Heroin(e) and Long Shot, at the Telluride Film Festival. The docs are set to launch globally on the platform.