The duo are planning to enter London's famous Abbey Road Studio 2 to record "Old Habits Die Hard," "Blind Leading the Blind" and "Let's Make It Up" for the film, which stars Jude Law reprising Michael Caine's role as the iconic womanizing title character. Susan Sarandon and Marisa Tomei will also star in the Paramount Pictures remake.
"Mick and I had a great time," Stewart said. "As the movie comes together, it feels like a classic, as the themes we have written turn into songs crafted to fit the scenes and Alfie's character."
Composer John Powell will work with Jagger and Stewart to include their instrumental music into the film's score. The original film featured Oliver Nelson's classic orchestration paired with jazz legend Sonny Rollins' score and performance. The Burt Bacharach/Hal David-penned title track was written for, but not included in, the film, and Dionne Warwick had a Number Fifteen hit with "Alfie" a year later.
The new Alfie is being produced and directed by Charles Shyer, based on the Bill Naughton play and screenplay that informed the first film, and is scheduled for release this fall.