She has joined hands with business partner Kristi Kaylor, who runs the actress' 6126 leggings brand, for their new venture Unforgettable Productions.
The duo is planning to create TV and movie projects in which Lohan can star, and they have already set the wheels in motion for two projects.
The new ventures include a TV show called 'Faux Real', which Lohan plans to make in answer to hit U.S. series 'Entourage', and a game show called 'That's What Friends Are For', which will partner with charitable organisations
According to Kaylor, both are also optioning two books for film and television and are using the booming popularity of digital media to make their projects more easily accessible.
'We're taking a 360-degree approach. Lindsay is 23 years old, and she's so plugged in to mobile media,' Contactmusic quoted her as having told the Hollywood Reporter.