You've got plenty of reasons to stay tuned and watched the inaugural broadcast of the first ever PEOPLE Magazine Awards. Time Inc.'s PEOPLE, the world's most popular magazine and celebrity brand reaching more than 59 million consumers each week, is teaming up with NBC and dick clark productions, the world's largest producer and proprietor of live television events, for "The PEOPLE Magazine Awards,"

The star-studded event special will give us a snapshot of the year in pop culture. Don't miss to see your favorite and headline-making celebrities including Kaley Cuoco-Sweeting, Sean Hayes, Karlie Kloss, John Krasinski, Lisa Kudrow, Elisabeth Moss and Ryan Phillippe, Jennifer Aniston, Jeff Bridges, Billy Eichner, Josh Gad, Josh Groban, Diane Guerrero, Ryan Guzman, Jon Hamm, Kevin Hart, Kate Hudson, Mindy Kaling, Michael Keaton, Jennifer Lopez, Chris Messina, Chloë Grace Moretz, Hero of the Year Award recipient Nora Sandigo, and Kate Upton.

The night will include performances from 5 Seconds of Summer, Maroon 5 and Gwen Stefani and Pharrell Williams. The 2014 PEOPLE Magazine Awards broadcasts live on NBC Thursday, Dec. 18, at 9 p.m. ET/PT, from the Beverly Hilton.