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Artists Cover Lou Reed For Charity

October 29, 1997 12:00 AM ET

Chrysalis Records will release a new version of Lou Reed's "Perfect Day" as a U.K. charity single on Nov. 17. The song, re-recorded to back a promotional film for BBC TV currently airing on the network, features 30 international artists, including U2's Bono, Boyzone, David Bowie, Tammy Wynette and Joan Armatrading, as well as Reed himself.

All profits will go to the BBC's annual "Children In Need Appeal," to be telecast Nov. 21. A Chrysalis spokesman says the single "is likely to be released elsewhere" and that the label is offering the single to its overseas affiliates.

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Song Stories

“Money For Nothing”

Dire Straits | 1984

Mark Knopfler wrote this song with Sting, and it wasn’t without controversy. The Dire Straits frontman's original lyric used the word “faggot” to describe a singer who got their “money for nothing and their chicks for free.” Even though the slur was edited out in many versions, the band, and Knopfler, still took plenty of criticism for the term. “I got an objection from the editor of a gay newspaper in London--he actually said it was below the belt,” Knopfler told Rolling Stone. Still, "Money For Nothing," undoubtedly augmented by its innovative early computer-animated video, stayed at Number One for three weeks.

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