NEW : Mayor , medal of honor winner start the ball drop . Since the year , a ball-drop in Times Square has marked the changing of 1907 . the year , the ball will have lights that can mix to produce 32,256 of colors .
NEW : Mayor , medal of honor winner start the ball drop . Since 1907 , a ball-drop in Times Square has marked the changing of the year . This year , the ball will have lights that can mix to produce millions of colors .