Fox Broadcasting Company and 20th Century Fox Film are teaming up to present the first-ever live television commercial for a feature film during A Christmas Story: Live. Holiday tentpole The Greatest Showman will debut a live, two-and-a-half minute commercial during the network's upcoming three-hour live musical event, A Christmas Story: Live, airing Sunday, Dec. 17 (7:00-10:00 PM ET live/PT tape-delayed) on FOX.

Starring Maya Rudolph, Matthew Broderick, Jane Krakowski, Chris Diamantopoulis, Ana Gasteyer, David Alan Grier, Ken Jeong and newcomer Andy Walken as Ralphie Parker, A Christmas Story: Live is inspired by the holiday classic feature A Christmas Story and the Tony Award-nominated Broadway production A Christmas Story: The Musical. Adding to the night's excitement is the first-of-its-kind live theatrical commercial starring The Greatest Showman headliners Hugh Jackman, Zac Efron, Zendaya and Keala Settle, who will perform the movie's original song, "Come Alive." Directed by The Greatest Showman feature film director Michael Gracey, along with Emmy-nominated Saturday Night Live and 30 Rock director Beth McCarthy-Miller, the live trailer will feature a 360-degree shoot and more than 150 dancers. Filming will take place adjacent to the A Christmas Story: Live! stages at the historic Warner Bros. Studios in Burbank. Here's what Suzanne Sullivan, Executive Vice President of Entertainment Ad Sales for Fox Networks Group, had to say in her statement.

"As we continue to drive innovation in both our programming and ad products, we are thrilled to be working in partnership with our sister film studio in this exciting live holiday event. We can't wait to watch as Hugh, Zac, Zendaya and Keala make history and unwrap the first-ever live theatrical commercial on Fox's air."

The partnership between The Greatest Showman and A Christmas Story: Live! kicks off this week with co-promoted movie trailers and TV promos tagging each project, on-air, online and in theaters, and culminates with the groundbreaking live commercial. Here's what Michelle Marks, Senior Vice President, Marketing and Global Media Promotions for 20th Century Fox Film, had to say in her statement.

Related: A Christmas Story Live! Gets Matthew Broderick as the Narrator

"We are creating what we expect will be a memorable performance providing energy and excitement to viewers that drives them to see The Greatest Showman. This first-ever live commercial for a feature film is one that P.T. Barnum would be proud of and one that I hope paves the way for future titles."

From Warner Horizon Unscripted & Alternative Television, A Christmas Story Live! is inspired by the holiday classic feature {A Christmas Story" and the Tony Award-nominated Broadway production "A Christmas Story: The Musical." The epic adaptation will be filmed at the historic Warner Bros. Studios in Burbank, and will star Maya Rudolph (Saturday Night Live, Bridesmaids) as Ralphie's mom, Matthew Broderick (How to Succeed in Business without Really Trying, The Producers, Manchester by the Sea) as The Narrator, Jane Krakowski (Unbreakable Kimmy Schmidt, 30 Rock), Chris Diamantopoulos (Good Girls Revolt, Silicon Valley, Episodes), Ana Gasteyer (Saturday Night Live), David Alan Grier (The Carmichael Show, The Wiz), Ken Jeong (The Hangover, Dr. Ken), newcomer Andy Walken and PRETTYMUCH, who will perform as the Hohman Indiana carolers.

A Christmas Story: Live! will be produced by Warner Horizon Unscripted & Alternative Television. Marc Platt (Grease: Live, La La Land, Wicked) and Adam Siegel (Grease: Live) will executive-produce, with Jonathan Tolins and Robert Cary (Grease: Live, Anything but Love, Ira & Abby) serving as co-executive producers and writers. Scott Ellis (the 2016 Broadway revival of She Loves Me, Weeds) is an executive producer and will serve as the director overseeing the stage direction. Alex Rudzinski (Grease: Live, Dancing with the Stars) is an executive producer and will serve as the live television director. Benj Pasek and Justin Paul (Dear Evan Hansen, La La Land), who composed the original score to A Christmas Story: The Musical, will compose several new songs for the Fox LIVE television event.