Universal Music U.K. & Ireland chairman/CEO Lucian Grainge has revealed to Billboard.biz initial details of the all-star recording of a "Band Aid III" charity single.

Universal Music U.K. & Ireland chairman/CEO Lucian Grainge has revealed to Billboard.biz initial details of the all-star recording of a "Band Aid III" charity single.

The new recording of the 1984 best-seller "Do They Know It's Christmas" will be released, like the original, on Mercury, says Grainge, and will again raise money for the Band Aid Trust to aid famine in Africa.

The recording date is still being scheduled. "We're in the process of putting it together," says Grainge. "Logistically, it's an extraordinary event. Every four or five hours there's a new twist or turn."

The executive adds that the rest of the team "making it happen" comprises the song's original writers, Bob Geldof and Midge Ure; original Band Aid Trust member Chris Morrison; and Mercury U.K. managing director Greg Castell.

The lineup of artists taking part has not been confirmed. In a statement on his Web site, Ure says the group has "the backing of" Coldplay's Chris Martin, Travis' Fran Healy, the Darkness and Keane. Ure says he will executive-produce the project, and Nigel Godrich (Radiohead) will produce.

Asked if the new version would be released with a view to securing the coveted Christmas No. 1 spot in the U.K. singles chart, Grainge says, "It would be rude not to."

The first "Do They Know It's Christmas" fundraising project sold a reported 3 million copies in the United Kingdom alone, including more than 600,000 in its first week. For many years it held the record of best-selling British single of all time. A second version of the song, featuring a different cast of artists, topped the British charts in 1989.

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