Taylor Swift, One Direction Headline 'Dick Clark’s New Year’s Rockin’ Eve 2015'

Cheryl Phillips

If you are a fan of Taylor Swift or One Direction, your New Year's Eve celebration will undoubtedly be the best one ever. Entertainment Weekly reports that 1D and Swift will both ring in 2015 on Dick Clark's New Year's Rockin' Eve with Ryan Seacrest, headlining an exciting lineup of musical guests.

Taylor Swift won't be performing alongside One Direction on New Year's. Instead, she will be the star of the stage in New York City, performing live from Times Square. The popular boy band will perform on the West Coast at the Billboard Hollywood Party.

— Jade x (@starl13ght) November 15, 2014

Zap2It reports that right before Ryan Seacrest leads the big countdown to the annual Times Square ball drop, Taylor Swift will perform live in front of over one million fans who will be celebrating in downtown Manhattan.

On the West Coast, Fergie will return to host the Billboard Hollywood Party for the ninth year, and is scheduled to perform at some point during the show. Although Fergie's return to the stage may be big news for some, it may be overshadowed by the fact that One Direction will perform not once, but four times on New Year's Eve.

— 1D THAILAND (@1DThailand) November 15, 2014

Dick Clark Productions announced on Friday that in addition to headliners Taylor Swift and One Direction, there is a great lineup of other musical guests and celebrities who will perform throughout the night.

London-based singer-songwriter Charli XCX, who released the platinum selling song "Boom Clap" in June, and pop star Meghan Trainor ("All About That Bass") will both perform on the popular New Year's Eve show on ABC. Also performing will be Gavin DeGraw and Lady Antebellum, who will both perform live from downtown Nashville.

Set your DVR now in case you're out enjoying dinner and champagne on New Year's Eve so you don't miss Taylor Swift and One Direction's performances. Dick Clark's Primetime New Year's Rockin' Eve with Ryan Seacrest 2015 starts at 8 p.m. ET on December 31 and ends at 2:13 a.m. on the first day of 2015.

Follow New Year's Rockin' Eve on social media to keep up with the latest news about the show.

Facebook: Facebook.com/NewYearsRockinEve Twitter: @officialNYRE Snapchat: OfficialNYRE Instagram: @officialnyre

Watch the big New Year's Eve celebration on your local ABC TV channel or live streaming on DickClark.com.