Joan Lunden and Ben Vereen host the 1985 Very Merry Christmas Parade from Walt Disney World along with Regis Philbin bringing us holiday greetings from around the world. We get a holiday peek at the EPCOT Center’s new Living Seas Pavilion and a behind-the-scenes look at the making of Captain EO. Kevin Dobson joins the fun from Disneyland in California, complete with a look at Skyfest and the release of over 1 million balloons over southern California to celebrate the 30th Anniversary of Disneyland and the imagination of Walt Disney. Ben Vereen takes us on a tour of the Walt Disney Studios in Burbank, California. We get a look at the animation building and the back lot, then a look inside one of the studio buildings where Captain EO is being produced. Caption EO isn’t finished yet, but we get a sneak peek of what’s happening in preparation for the March 1986 opening.