The 'Smile' singer has signed a deal with British satellite channel BBC Three to host her own chat show.
The programme will feature a studio audience comprised solely of people listed as friends on Lily's MySpace web page - which she used to publicise her music at the beginning of her career and which now attracts thousands of visitors to read her blogs.
As well as featuring interviews with celebrities, the show will also include performances by unsigned bands and musicians who will be selected by the audience.
Viewers will then be able to track the progress of the acts via a special website and online social network which are being created for the series.
Lily admits she is thrilled to have been given the opportunity to front her own TV show and can't wait to get started.
She said: "I'm so excited. It's something I intend to have lots of fun with and I have some great ideas."
The as yet untitled series is set to air in early 2008.