The money that will be collected from the proceeds will go to help survivors of the catastrophic earthquake that destroyed a large portion of the Haitian capital of Port-au-Prince.
Quincy Jones and Lionel Richie accomplished this week, a tremendous feat in the name of charitable outreach.
Therefore, the two brought together dozens of superstars from the music world to record a new version of “We Are the World” in charitable purpose.
The tune was originally recorded 25 years ago in order to raise money for hunger relief in Africa.
“All my executives and staff that are here are working for nothing,” said Randy Phillips, the CEO of AEG Live and Richie’s manager. (AEG Live underwrote much of the operational costs for the recording of the track, as did Visa.) .
“No one’s making any money. This is strictly a charitable event. We want as much as possible, if it’s 99 percent, to go to charity. That’s what we want to happen here. What we’re going to do is we’ve formed a charitable foundation called the We Are the World Foundation LLC.”
Phillips also declared : “The money will go [to the foundation] as a pit stop, and then it will be distributed. There’s a board that’s going to decide where it goes,”.
“And on that board is Quincy and ['Crash' director] Paul Haggis and Luis Alberto Moreno, who runs the [Inter-American] Development Bank.”
Consequently, Haggis was the one who filmed the entire recording process.
Moreover, the song title will be “We Are the World — 25 for Haiti,” which will premiere on NBC during the Opening Ceremony of the Winter Olympics on February 12.