We Are the World 25: Elton, Wyclef, Celine, Gladys, Aretha

“We Are the World 25″ is a go for Monday, Feb. 1, at Henson A&M Studios, the same place where it was recorded in 1985.’ Quincy Jones and AEG Live’s Randy Phillips are putting the finishing touches on the big recording session.

Among the names I’ve heard so far: Elton John, Celine Dion, Wyclef Jean, Gladys Knight, and possibly Aretha Franklin will join a huge number of younger stars.

Some of the stars from Quincy Jones’ upcoming album, “Soul Bossa Nostra,” may join in as well. They would include Jennifer Hudson, John Legend, Akon, Bebe Winans, Usher, Robin Thicke, LL Cool J, and Tevin Campbell.

As I told you yesterday, Paul Haggis will film the proceedings. What’s still being finalized is where all the money will go; that should be announced by Friday. When the original “We Are the World” was recorded in 1985, the money was funneled through its own organization. This’ time, however, raised funds will be sent through an established foundation.

Originally there was a sketchy plan to re-record “We Are the World.” But when the Haiti earthquake occurred, Quincy Jones realized there was a larger purpose for the reunion.

And this is really Quincy Jones’s week. The famed and legendary producer/composer has just designed a watch named the Quincy for Audemars Piguet. It’s really a beauty, too. You can see it here. Maybe Q will design a Swatch next!