This is a new generation's "Beauty and the Beast."

After premiering on Radio Disney Thursday, Walt Disney Records made Ariana Grande and John Legend's rendition of the Céline Dion and Peabo Bryson classic available on iTunes. When fans pre-order the motion picture soundtrack, "Beauty and the Beast" will be instantly downloaded.

The musicians sing the pop version of the song, while Emma Thompson sings the theatrical version. (Similarly, Angela Lansbury—the first Mrs. Potts—sang the film version in 1991.) The original "Beauty and the Beast" won an Academy Award, a Grammy Award and a Golden Globe.

"Stepping into the shoes of an Oscar- and Grammy Award-winning classic is not small potatoes," producer Ron Fair said in a statement. "But with today's two greatest singers—John Legend and Ariana Grande—we are bringing the song back with a new school/old school fresh treatment that shows the soulfulness and power of what a great melody and lyric can inspire."

Dave Meyers will direct Grande and Legend's "Beauty and the Beast" music video.

The first snippet of Beauty and the Beast's title track debuted when the third and final trailer debuted during an episode of ABC's The Bachelor Monday. The album features composers Howard Ashman and Alan Menken's original songs from the animated classic (sung by everyone from Dan Stevens to Emma Watson), as well as the long-running Broadway musical.

Dion and Josh Groban also contributed new tracks to the compilation.

The Beauty and the Beast soundtrack is available March 10.

The live-action musical hits theaters March 17.

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