In many parts of the world, music concerts are arranged to celebrate the going of the old year and the beginning of the New Year. In countries like the UK and Netherlands, people often run into water, also known as Polar Bear Plunges, to celebrate New Year's Day. Certain parts of the world have specific traditions associated with the day. For example, in Scotland, the street party on this day is very famous. In Switzerland, there is the tradition of organizing the finals of Spengler Cup Ice Hockey Tournament on New Year's Day.
The eve of the day sees people reveling in music, enjoying liquor and food and dancing till the wee hours of the morning. Radio shows and TV shows are organized specifically to remember the year gone by and to beckon the New Year.