Watch Will Ferrell and Chad Smith's Red Hot Benefit Drum-Off

Comedian Will Ferrell and Red Hot Chili Peppers drummer Chad Smith are hosting the Red Hot Benefit Comedy + Music Show & Quinceanera tonight, held at the Shrine Auditorium in Los Angeles. Sponsored by Ferrell's Funny or Die website, the charity event will feature performances from Red Hot Chili Peppers and Devo, as well as comedians Jim Gaffigan and Nick Offerman. Watch a live stream of the event below. Ferrell's charity is Cancer for College, which aims to help cancer survivors realize their dream of a college education. Smith's charity is the non-profit organization Silverlake Conservatory of Music; founded by RHCP bassist Flea, the organization strives to address the decrease in arts education in schools.

Earlier this month, Flea played a bass only national anthem for Kobe Bryant's last game. A few days later, he responded to the anthem's haters, saying, "I know that people who like music liked it. I thought it was beautiful. I really don't have any concern for little small minds that get frustrated when they get blown. I like the big minds." Last month, RHCP announced they'd been working with Radiohead producer Nigel Godrich, after Anthony Kiedis revealed that the band had been working with producer Danger Mouse on the project.

via Sheldon Pearce and Noah Yoo