During the viewing party, fans will have the opportunity to talk to the band directly on Twitter, while the boys will also be following back fans and offering prizes.
At 5.30pm BST on Thursday, Harry, Niall, Zayn, Liam and Louis will be "pressing play on their DVD player and watching along to Up All Night - The Live Tour."
Using the hashtag #1DVDWatchParty, the band will tweet about their favourite moments, as well as sharing behind-the-scenes stories and gossip. Whilst interacting with viewers, the group members will be "adding fellow viewers to their follow list and retweeting their favourite comments".
The Up All Night - The Live Tour was filmed in Bournemouth and was released this week on DVD through Syco Music.
One Direction single What Makes You Beautiful was recently certified double platinum in the US as it sold 2 million digital copies.
Their debut album Up All Night made On Direction the first ever UK band to debut at No.1 on the US Billboard Chart with their first album. The record also entered the charts at No.1 in 15 countries and has been certified triple platinum in Ireland, double platinum in the UK and Australia, and platinum in New Zealand.