XanaduMCA Records releases an album of songs from the upcoming movie musical Xanadu, with the first side of the LP devoted to songs performed by Electric Light Orchestra, and the other filled with songs by Olivia Newton-John (who also stars in the film). Hit singles from the album include the ELO/ONJ team-up “Xanadu”, Olivia Newton-John’s “Magic”, and ELO’s “All Over The World” and “I’m Alive”. The album is a bigger hit with critics and the public than the movie (which premieres well after the album’s release).

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