Some 35 years after 'Grease' hit theaters, stars John Travolta and Olivia Newton-John are reuniting...for a Christmas album. With Kenny G. And Barbra Streisand. Yes, this is actually happening.

'This Christmas: John Travolta and Olivia Newton-John' is scheduled for release on November 13 and will feature Travolta and Newton-John singing your favorite Christmas classics plus a new song that is a sequel of sorts to their 'Grease' classic 'You're the One That I Want' titled 'I Think You Might Like It.'

Says Travolta of the album:

My desire was to make 'This Christmas' an intimate album, not something too ostentatious or showy. I wanted people to be able to play it around the house or in the car during the holidays, and make us part of your celebration.

Certain to be a gag gift staple, this "intimate album" will feature guests like Kenny G., Barbra Streisand, Tony Bennett and Cliff Richard. So far no track listing has been released but you can expect all the old hits. To keep things in the Christmas spirit of giving, all proceeds from the album will go to the Jett Travolta Foundation and the Olivia Newton-John Cancer and Wellness Centre in Melbourne.

Seasons Grease-ings!

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