In the Netherlands, the word "cabaret" is used to describe something like stand-up comedy, but with added depth.
A stand-up comedian usually just ... well, stands up, and makes jokes. In cabaret, the performer (called "cabaretier") makes jokes, varied with songs, short poems, his political views, etc.
The use of props and orchestras is also quite common in cabaret.
The "new year's eve conference" is held every year. Here, one of the best cabaretiers in the country states his views on the past year, and discusses what he thinks will follow. Of course, this is done with a lot of comedy in between.