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. Last Updated: 07/27/2016

Elton John Elegy To Diana Set for Release as Single

NEW YORK -- Elton John's reworked "Candle in the Wind,'' sung by the pop star as an elegy to Princess Diana at her funeral, will be released Saturday along with a new single, according to the singer's publicist.

"Candle in the Wind 1997,'' recorded a few hours after John's stirring performance in Westminster Abbey -- watched by hundreds of millions worldwide -- will be released with "Something About the Way You Look Tonight,'' from John's new album, Will Rhodes, publicist for John's upcoming concert tour, said Monday.

Industry executives say the song, originally a tribute to Marilyn Monroe released in 1973, will almost certainly become the biggest-selling single in Britain, and possibly the world.

The all-new album, "The Big Picture,'' will be released Sept. 23, Rhodes said. Proceeds from "Candle in the Wind 1997'' will go to the newly established Diana, Princess of Wales, Memorial Fund.

John said Sunday he hopes the recording will raise as much as ?10 million ($16 million). The song's words were adapted for the funeral by John's longtime lyricist, Bernie Taupin.

Reuters reported that the song will also be included on a tribute album that is being organized by British tycoon Richard Branson.

Paul McCartney, the Rolling Stones and Sting are among 10 rock stars who have agreed to perform on the album, a spokesman for Branson said Monday.

(AP, Reuters)