The talent contest for photographers will be hosted by Italian actor Isabella Rossellini.
Master of Photography will be an eight-part series which will include photographic challenges across Europe to test the competitors' range of styles and disciplines.
The programme has been created by the new Sky Arts Production Hub, based in Milan, which creates arts shows for viewers across the UK and Ireland, Italy, Germany and Austria.
Director of Sky Arts Phil Edgar-Jones said: “Today’s connected world saturates us with snapshots of fleeting moments, but the photographs that last are the result of skill, dedication and hours of hard work behind the lens.
“We hope this programme will demonstrate just how powerful and important photography remains, and that we bring some extraordinary undiscovered talent to light in the process.”
Professional photographers Rut Blees Luxemburg, Simon Frederick and Oliviero Toscani will work alongside contestants to determine the winner. The lucky person will have their work displayed in a top European museum and be awarded €150,000.
The new series will begin in May.