Elton John and Dolly Parton are set to release a new song together, marking their first collaboration. The news was revealed at an Oscars viewing party, where Elton reportedly announced that the track had already been made. The release date for the song has yet to be announced, but their joint project is expected to drop later this year. Dolly had previously expressed her desire for Elton to feature on her forthcoming rock covers album, and it seems that her wish has been granted. The album, titled "Rock Star," is set to feature several other musical icons as well.