Here in Denmark, it's new years tradition to watch this on NYE, it's about as important as the Queens new years address. Also, it _NEVER_ stops being fun* [*] Legally required to hold this opinion.
Don’t forget that while this is broadcast on NYE in Denmark and Sweden, in Norway it’s broadcast on Christmas which is something you should definitely bring up on a mixed Scandinavian family dinner. It’s also quite fun since there’s a joke relationship between Swedes and Norwegians calling each other stupid, so it’s quite fun to insinuate that Norwegians simply do not understand that the movie is set on NYE.
It's hard to imagine it would be well received in most other countries, especially as a tradition.