Julianne Hough will play virtuous teen Sandy in Fox's upcoming live broadcast of the musical "Grease," the network has announced.

Vanessa Hudgens -- best known for her work in the "High School Musical" movies -- will play bad-girl Rizzo in the live staging of "Grease" to air Jan. 31, 2016.

"'Grease' is one of the most treasured and favored pop-culture phenomenons of our time," executive producer Marc Platt said in a statement Saturday. "It's fun, it's endearing and we are so excited to reimagine this iconic story with a shared entertainment event suited for today's audience."

"'Grease' is one of the movies that made me want to be an entertainer, and I have literally been waiting my whole life to play Sandy," said Hough. "My siblings and I watched it and played it out over and over when we were kids. This is my dream role and performing it live on television will be one of the most thrilling opportunities I've had in my career so far."

"Being Rizzo is something I've never imagined, and I love that because it will be a new challenge," added Hudgens. "She is such an iconic character that continues to transcend generations. I cannot wait to bring her to life on live television. I'm going to be a Pink Lady!"