Macy's Thanksgiving Day Parade: What time, what channel, who is performing?

The SpongeBob SquarePants float was part of the Macy's Thanksgiving Day Parade last year in New York.

Turkey Day is quickly approaching, and the Macy's Thanksgiving Day Parade is a tradition for many families.

>> Read more trending news

Since 1924, thousands have flocked to the New York City streets to watch marching bands, floats and celebrities participate in the festivities, and this year will be no different.

"This year's Macy's Thanksgiving Day Parade will redefine spectacle with a jaw-dropping mix of must-see entertainment for millions of spectators," Susan Tercero, executive producer of the affair, said in a statement. "Featuring an amazing line-up of high flying balloons, dazzling animated floats, world-class marching bands and performance groups ... the Macy's Parade will once again herald the arrival of the holiday season."

Want to know how to prepare for 92nd annual event? Here’s everything you should know.

When is it?

The parade will take place on Thanksgiving Day on Thursday, Nov. 24 in Manhattan. It begins at 9 a.m. EST on 77th Street and Central Park West and ends around noon near Herald Square. Take a look at the route map here.

How can I watch?

If you're not able to make it to Manhattan, there are plenty of ways to watch from the comfort of your home. The show will air live on NBC. You can also catch it on NBC's website or Verizon's YouTube channel.

The “Today” show’s Savannah Guthrie, Hoda Kotb and Al Roker will host the broadcast.

Who is performing?

Diana Ross, John Legend, Kane Brown, Martina McBride, Pentatonix, Leona Lewis, Ella Mai, Rita Ora, Sugarland and Anika Noni Rose are expected to perform.

How many floats will be in the parade?

This year, there will be 16 giant character balloons; 43 novelty balloons, heritage balloons, balloonicles, balloonheads and trycaloons; 26 floats; 1,200 cheerleaders and dancers; and more than 1,000 clowns. The lineup will also feature 12 marching bands.

What’s new this year?

Tom Turkey, the parade’s oldest float, will be debuting a new look.

“This year we’re updating him. We’re giving him more of a spotlight,” said Rick Pomer, vice president and creative director for Macy’s Entertainment.

There will also be four new floats, including Elf Pets by The Elf on the Shelf and Rise of the Teenage Mutant Ninja Turtles by Nickelodeon.

What else should I know?

Visit macys.com/parade for regular updates, including behind-the-scenes previews, interactive historical information and more. Also, follow #MacysParade to keep up with the conversation.