It's not recommended if the lights are run off the mains. Let me try and explain this.
In the tube radio days (1930's through the 1960's), there were two ways to run tubes, off a full wave power supply with a transformer (xformer job is divide and boost/reduce the voltage to feed various parts of the circuit). For instance, in my Packard Bell, it uses a full wave power supply with a 5U4 tube. The voltage is boosted to 400 for the output tubes, then dropped to service the rest of the circuit, the lowest drop down is 5 volts for the rectifier (the glowy thing inside of the tube). The key here is that each of the 18 tubes in the stereo, are connected to their own filament source. Each tube gets 6 or 5 volts depending on it's filament requirement, and if one goes out, the circuit can still more or less function. This is called parallel.
The other option was series. Series doesn't use a transfomer. It depends on the actual filament voltage of the tubes to create the voltage drop.
This is called the AA5 or All American 5 radio, here's the tube list,
Converter: 12BE6
IF amplifier: 12BA6
Detector and first audio amplifier: 12AV6 or 12AT6
Audio power output: 50C5 or the less-common 50B5
Rectifier: 35W4
In the case, the "12", "35" and "50" is the amount of voltage the filament "eats".
Starting with 120 volts from the wall, it's 12+12+12+50+35= 121
If a tube burns out, the entire radio dies until that tube is replaced.
This is where your fairy lights come in. They to are rated for a certain amount of voltage. 10-12 light American fairy lights are rated at 10- 12 volts each. 10 X 12 = 120 volts. If the lamps have a shunt installed, the lights can continue to operate, but the voltage is raised on the others, which can cause the others to burn out much quicker.
The short story is, don't do it unless you have a transformer rated at the voltage for each light, then you can separate them and run each light off the transformer. (which is what my Packard Bell is doing with parallell circuit for the tube filament line, each tube has it's own wire connected to the xformer).