I Honestly Love You is the soundtrack to the Australian biographical miniseries Olivia: Hopelessly Devoted to You. The series was broadcast on Australian commercial television and tells the story of singer, songwriter, and actress Olivia Newton-John, who is played by Delta Goodrem. The soundtrack is performed by Goodrem, who covers iconic songs from Newton-John's career. Some of the songs on the album include “You're the One That I Want”, "Hopelessly Devoted to You", and “Let Me Be There”. It also features collaborations with Dan Sultan, Georgia Flood and Olivia Newton-John who can be heard on this album.

I Honestly Love You is available as a limited edition of 1500 individually numbered copies on translucent magenta coloured vinyl and includes an insert with photos.