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).
Life Is Beautiful (Fred Astaire song) with a clip of Astaire singing the song from an appearance on the show in 1976. Life Is Beautiful (Fred Astaire song) "Life Is Beautiful" is a 1974 song with music written by Fred Astaire and lyrics by Tommy Wolf. Tony Bennett was so impressed with the tune, it became the title track of his album of the same name in 1975. Bennett also performed the song as Astaire looked on during a March 1975 episode of "The Merv Griffin Show". The song became widely known as the closing theme for "The Tonight Show Starring Johnny Carson". In 1987, in