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AND NOW HERE’S THE NEWS: The lineup...

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AND NOW HERE’S THE NEWS: The lineup isn’t completely official yet, but watch for a blockbuster collection of pop talent to grace the sound track of Martin Scorsese’s “The Color of Money,” which stars Paul Newman and Tom Cruise and is due out Oct. 17. Robbie Robertson (a frequent Scorsese collaborator) will be on hand to handle the score and some production work, while Robert Palmer, Eric Clapton, Mark Knopfler, Willie Dixon and (tentatively) Don Henley have all contributed songs, along with B. B. King, who sings a ballad, “Standing on the Edge of Love.” . . . Speaking of Clapton, the guitar legend is at work completing a new album, which will feature a cover of bluesman Robert Cray’s “Bad Influence.” . . . Wang Chung, the hard-luck group that made a great sound track for the little-seen flop “To Live and Die in L.A.,” will be back at the end of the month with a new album on Geffen Records called “Mosaic.” Produced by Peter Wolf, the Austrian-born studio wiz who wrote and produced hits from Starship and El DeBarge, the record includes “Everybody Have Fun Tonight” (the first single), “Hypnotize Me,” “Betrayal” and “A Fool and His Money.” . . . And have you ever wondered whatever happened to the some of the original members of the Jefferson Airplane? Well, a trio of founding members--Paul Kantner, Marty Balin and Jack Casady--have finished a reunion album, “Seven,” which will be out next week on Arista Records.

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