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The 85th Annual Hollywood Christmas Parade, the largest Christmas celebration in America, announced that Olivia Newton-John has been named the Grand Marshal for this year’s landmark anniversary event. Presented and produced by Associated Television International, the live parade, taped for network television, will take place on Hollywood Boulevard on Sunday, November 27 at 5:00 p.m. The parade’s telecast will be hosted by Erik Estrada, Laura McKenzie, Dean Cain and Montel Williams, with special co-hosts Elizabeth Stanton and Garrett Clayton. The event will include live musical performances (to be announced) that will take place on two stages; benefiting The Marine Toys For Tots Foundation.