Walt Disney Records has announced that Ariana Grande and John Legend are set to perform a new version of the song Beauty and the Beast from Disney’s live-action film adaptation of the same title. The ballad written by Alan Menken and featuring lyrics by Howard Ashman was originally performed by Celine Dion & Peabo Bryson and received an Academy Award and a Grammy Award among other prizes. The new rendition of the classic song is produced Ron Fair and will be included on the official soundtrack album, which also features other new recordings of the original songs from the animated feature,as well as three new songs written by Menken and Tim Rice. Visit Amazon to pre-order the deluxe version CD and click here to order the regular version. Also check back on this page for the details of both albums, which will be released on March 10.Beauty and the Beast directed by Bill Condon and starring Emma Watson, Dan Stevens, Luke Evans, Kevin Kline, Josh Gad, Ewan McGregor, Stanley Tucci, Gugu Mbatha-Raw, Audra McDonald, Ian McKellen & Emma Thompson will be released nationwide on March 17 by Walt Disney Pictures.