Pricey Media and ITV Studios will co-produce Price's first reality series since her split from husband Peter Andre, giving ITV2 a replacement for the show that followed the two stars, 'Katie and Peter'.
The new series, 'What Katie Did Next', will consist of six hour-long episodes and cover incidents such as her calendar shot in Ibiza and launch of her novel 'Sapphire'.
Wagman, her partner in the venture, once oversaw talent across a range of ITV's entertainment output and recently set up his own talent consultancy The Wagman Group.
He said: "Katie is a huge personality and I'm delighted that with the formation of Pricey Media we can look to broaden her broadcast career both here with ITV and internationally."