A new version of the song We are the World -which in the 1980's featured Bob Dylan, Stevie Wonder, Tina Turner and Michael Jackson, among others- has been recorded to gather funds for a relief effort for Haiti's earthquake victims.

The singers participating this time include Barbra Streisand, Celine Dion, Usher, Lil Wayne, Wycleaf Jean, Jennifer Hudson and the Jonas Brothers. Although the recording was made in the same Hollywood studio as the original, no artists from the 1985's recording are included in this project.

Video or audio of We are the World - 25 For Haiti, is not yet available although AEG Live released a short video with excerpts from the recording. (Watch below)

The new version will debut on air during NBC's coverage of the opening ceremony of the Winter Olympic Games on February 12. The song will be for sale online and through the traditional retailers and all the proceeds will go directly to earthquake relief efforts in Haiti, AFP reported.

25 years ago, the original version was co-written and produced by Michael Jackson, Lionel Richie and Quincy Jones. The project was aimed at raising funds for the hunger in Africa and $63 million were raised.

Richie and Jones worked behind the scenes for the 2010 version.

We are the World is not the first charity effort in the music industry. A British single which is a cover of R.E.M's 1993 ballad Everybody Hurts, has also gathered top singers to raise money for Haiti.

The cover -led by Simon Cowell- was first played on the radio on Wednesday featuring Susan Boyle, Rod Stewart, Leona Lewis, Kylie Minogue, Robbie Williams and U.S. singer Mariah Carey among others.

Watch excerpts from the new version of We are the World and Listen to Everybody Hurts Haiti version below: