Disney’s live-action update of its 1941 classic now has an updated version of “Baby Mine” to go with it. The emotional song has been re-imagined by Arcade Fire, which now has a full release following last week’s teaser.

In the original animated film, a heartbreaking moment was set to “Baby Mine” and earned an Academy Award nomination for Best Song.

Mitchell Leib, president of music & soundtracks for Walt Disney Studios, said in a statement that it was not “an easy ambition to accomplish” when recreating the song.

RELATED: Michael Keaton’s Character Exploits The Profit Of ‘Dumbo’ In The New Look At Tim Burton’s Remake

He adds: “Arcade Fire is an artist I’d pursued over the years—but this time I had Tim Burton! I pitched the idea to Tim and his producer Derek Frey, and it turned out Arcade Fire is one of Tim’s all-time favourite artists. The rest is history.”

Leib calls the song a “brilliant, new, interesting, artistic and very original version” that will play during the end credits.

Arcade Fire’s Win Butler says that “Dumbo” brings back childhood memories for him. There is a scene in the original movie where the young elephant plays an instrument “called the Sonovox that my grandpa Alvino Rey made famous in the 1930s,” Butler recalls., remembering that when he watched the film, he thought it was his grandfather.

RELATED: New Character Posters Revealed For Live-Action ‘Dumbo’ Remake

When the Canadian band was asked to play “Baby Mine,” Butler “immediately got all of [his] grandfather’s old guitars and wanted to play them in the song.” If you listen carefully, Rey’s “famous Sonovox” makes an appearance at the end of the song.

He’s not the only one excited about being a part of “Dumbo”.

Butler’s bandmate and wife, Regine Chassagne, was happy to get the chance to help re-tell the story of acceptance. “A lot has changed since 1941, and we are still on that quest to allow for all people to accept and celebrate who they are on this planet,” she says.

“Dumbo” flies into theatres on Mar. 29. The soundtrack for the movie will be released the same day.