Academy Award Performance: And the Envelope, Please 34 seconds of the song "Thanks for the Memory" then fades into the next song ("The Continental," the oldest movie theme on this album). "Thanks for the Memory" is also the last track on the album and continues where it left off but fades immediately after the next verse. There were two singles to come from this album: "We May Never Love Like This Again" (from "The Towering Inferno", which was a minor hit for McGovern one year before) and "The Continental" (from the 1934 film "The Gay Divorcee", which was the very first song to ever win an Oscar).
Night and Day (song) Night and Day (song) "Night and Day" is a popular song by Cole Porter that was written for the 1932 musical "Gay Divorce". It is perhaps Porter's most popular contribution to the Great American Songbook and has been recorded by dozens of musicians. Fred Astaire introduced "Night and Day" on stage. His recording of the song with the Leo Reisman orchestra was a No. 1 hit, topping the charts of the day for ten weeks. He performed it again in the 1934 film version of the show, renamed "The Gay Divorcee", and it became one of his signature songs. There