2014 New Year's Eve in NYC's Times Square

Since 1907, people from around the world have gathered in Times Square to ring in the new year with the lowering of a giant, glittering globe. Though the ball has changed — the original was made of iron, wood and 100 25-watt light bulbs, and a six-ton, Waterford crystal ball covered in 32,276 LED lights is used today — the celebration is the same, just a bit bigger.

Up to a million partygoers are expected to flood Times Square on Wednesday night, many of them claiming their spots outside hours before the celebration kicks off. But the party isnt just for those who are willing to brave the New York City cold. Over a billion people worldwide are slated to watch a live-stream of the festivities, which will include performances from Taylor Swift, Idina Menzel and the USO Show Troupe. (Yahoo News)

See RELATED STORY by Caitlin Dickson/Yahoo News

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