MILEY’S NEW YEAR’S EVE PARTY Co-Hosted by Miley Cyrus and Dolly Parton (Photo by: Vijat Mohindra/NBC)

Get ready to ring in the New Year with Miley Cyrus and her godmother, the legendary Dolly Parton. It was announced on Monday that Miley’s New Year’s Eve Party is making a triumphant return to NBC for its second consecutive year and she’s hosting alongside a very special guest.

Last year, Cyrus co-hosted with former Saturday Night Live comedian Pete Davidson, but to ring in 2023 she’s tapping country’s superstar singer.

Miley’s New Year’s Eve Party is about getting glamorous and dressing your best,” said Cyrus in a promotional video, to which Parton responded, “Well, we do that every day, don’t we Miley?” Cyrus tells her godmother, “You taught me well.”

MILEY’S NEW YEAR’S EVE PARTY Co-Hosted by Miley Cyrus and Dolly Parton (Photo by: Vijat Mohindra/NBC)

Expect to see a lot more stars too. The holiday special, which is executive produced by Lorne Michaels and Cyrus, is set to feature a brigade of performers and special guests, which have not yet been announced.

Last year’s special showcased artists from Brandi Carlile (who performed her song “The Story” alongside Cyrus), Green Day’s Billie Joe Armstrong, Saweetie, and Jack Harlow. The 2021 show brought NBC the best New Year’s Eve viewership statistics in the 18-49 demographic since 2014, according to Deadline.

“The inaugural Miley’s New Year’s Eve Party was an unqualified success, and we know this year’s show will be just as spectacular, with plenty of surprises and lots of fun,” said Jen Neal, Executive Vice President, Entertainment Live Events, Specials and E! News, NBCUniversal Television and Streaming according to the publication. “We can’t wait to get the party started.”

New Years Eve
Mileys New Years Eve Party Hosted by Miley Cyrus and Pete Davidson (NBC)

Parton appeared on Cyrus’s childhood Disney series Hannah Montana on multiple occasions, while Cyrus has performed Parton’s songs “Jolene,” “Islands in the Stream,” and more in tribute to her idol and godmother.

“It’s gonna be legendary,” said Parton in the video, to which Cyrus responded, “She would know.”

We’re so ready for more of this adorable energy. Miley’s New Year’s Eve Party will air live on NBC from Miami on Saturday, Dec. 31 from 10:30 p.m.-12:30 a.m. ET and will also be streaming live on Peacock.