The group, which has been launched instead of implementing an early morning restriction order (EMRO), includes members from the authority, police, pub trade and health sector and is designed to come up with a strategy for improving Blackpool's night-time economy.
It was formed earlier this month after the council's licensing committee recommended that a "small, more focused" group was needed "for some positive action within Blackpool". It said an EMRO could have led to an increase in crime and disorder and reduced investment in the town.
The council said the group will report back to the licensing committee with proposals for improving the night-time economy within the next four months.
Two-pronged attack
Committee chairman Adrian Hutton said: "The committee will take a two-pronged approach.
"As well as looking at the familiar problems that down centres such as ours up and down the country experience as a result of people drinking alcohol in excess, it will also look at the wider health implications of drinking in the town for families, the community and for the industry itself.
"It is important that the industry, the police, the council and the community work together on these issues."