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Disney channel fans rejoice -- the Austin & Ally and JESSIE crossover special is almost here! ETonline has a sneak peek of the one-hour program, Austin & JESSIE & Ally All Star New Year.

In the show, Austin, Ally, Trish and Dez head to Times Square since Austin is set to perform on New Year's Eve, but they get stuck on the crowded holiday streets. Jessie tries to save the day, but with a twist -- asking Austin to record one of her songs!

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Watch the clip for a sneak peek of one of the three performances from the special, which airs Friday, December 7 at 8 p.m. on the Disney Channel.