The Celebrity Awards , sponsored by the Northern & Shell title, will hand out awards in a number of categories such as celebrity of the year, man of the year, woman of the year and sportsman of the year.
It is likely to include stars such as Kerry McFadden, Jennifer Ellison, Kate Price, Ant and Dec, and Jude Law.
The awards will be shown in September with Sue Andrew executive producing and Rachel Ashdown producing. ITV controller of entertainment Claudia Rosencrantz ordered the show.
The show is the latest in a line of tie-ins Granada and ITV have secured with OK! and follows a recent run of OK!TV during the This Morning slot.