The screens will be placed in Trafalgar Square and Hyde Park, and the live screenings will be free.
The event will be complete with food and drinks stands and a Ferris wheel to add to a celebratory atmosphere, officials said Thursday.
Mayor Boris Johnson said he wants to show the world that London knows how to throw a party. He's even encouraging attendees to get in the spirit and wear a hat.
The Associated Press contributed to this report.