Everything to know about Miley's Party's special guests, including her Dolly Parton. Miley Cyrus is back to ring in the New Year in a big way. To welcome 2023, the multi-platinum recording star is hosting Miley’s New Year’s Eve Party with a legend of a co-host, Dolly Parton . “My fairy godmother,” as Cyrus calls Parton. “It is unparalleled how gracious she is in every room she is in,” Cyrus told Jimmy Fallon on The Tonight Show . “I don’t know if Dolly knows what Dolly is.” Miley Cyrus and her godmother Dolly Parton are hosting a live special, Miley's New Year's Eve Party. Vijat Mohindra/NBC This year's star power is a major upgrade from 2022 when Pete Davidson joined Cyrus as co-host of the NBC New Year's Eve event. 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 stream live on Peacock . In addition to Parton, the A-list cast of celebrities and musicians, includes Sia