Sean 'Diddy' Combs -- I'll Make You Rich and Famous ... Only Rich and Famous Need Apply

Kylie Jenner, Lil Twist, and Diddy’s son, Christian are already rich and famous ... but they're set to become even richer --and famous-er -- thanks to Diddy's new television network.

Here's the plan. Kylie, Twist and Christian will become the centerpiece of the 24-hour music channel, called Revolt -- it's kind of old school MTV. They'll do promos, appear on the various shows and build up hype with social media.

We're told Diddy is also eying one of Quincy Jones' kids.

Diddy is actually copying what Oprah did with OWN, although that was kind of a pain in the ass for her.

So the rich get richer, and the famous get ... famous-er.