The Hollywood Christmas Parade 2015 airs tonight at 8 p.m. ET/PT on The CW.

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The annual holiday parade, which takes place on Hollywood Blvd. in California, is arriving just in time for the Christmas season. Celebrity magicians Penn and Teller are serving as grandmasters for this year's parade.

The Hollywood Christmas Parade will be co-hosted by Erik Estrada, Laura McKenzie, Dean Cain and Montel Williams. The parade also includes live musical performances.

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"A true Hollywood tradition, the parade features larger-than-life inflatable character balloons, and celebrity-filled cars making the heralded trek down the parade route," the plot description reads.

Musicians appearing at the parade include Band of Merry Makers, Alexander Jean, India.Arie, Kat Graham, Sean Kingston, Heather Russell and many alums from Fox's American Idol including winners Candice Glover, Taylor Hicks and Ruben Studdard, runner-ups Clay Aiken and Diana DeGarmo and finalists [Chris] Daughtry and Ace Young.

Watch The Hollywood Christmas Parade On The CW
 

The CW does not currently have an official live streaming service, so the only legal option is to watch the parade on the network starting at 8 p.m. ET/PT.

Keep Up With The Holiday Christmas Parade Via Social Media
 

If you want to tweet along with others who are watching The Hollywood Christmas, used the hashtag #TheHCP2015 or #HollywoodChristmasParade. You can also follow the parade on Twitter here: @HlywdChristmas.