Called 'We Were So Turned On', the 2-disc compilation is due out on September 6, reports Stereogum.
The collection features the likes of Duran Duran, Devendra Banhart's Megapuss, A Place To Bury Stranger, Vivian Girls and Swahili Blonde with John Frusciante.
MGMT and Soulwax were among the names set to appear on the album, but scheduling and recording conflicts have since ruled both acts out.
All profits from the album are set to go to the charity
Warchild.
The tracklisting for 'We Were So Turned On' is as follows:
01. 'Space Oddity' (Exitmusic)
'Boys Keep Swinging' (Duran Duran)
02. 'Sound + Vision' (Megapuss)
03. 'Ashes To Ashes' (Warpaint)
04. 'Be My Wife' (Corridor)
05. 'Always Crashing In The Same Car' (Charlift)
06. 'John, I'm Only Dancing' (Vivian Girls)
07. 'Fame' (All Leather)
08. 'We Are The World' (Afraid Of Americans)
09. 'Suffragette City' (A Place to Bury Strangers)
10. 'Repetition' (Tearist)
11. 'Look Back In Anger' (Halloween Swim Team)
12. 'Fashion' (Afghan Raiders)
13. 'Theme From Cat People' (The Polyamorous Affair)
14. 'Red Money' (Swahili Blonde feat. John Frusciante)
15. 'I'm Deranged' (Jessica 6)
16. 'African Night Flight' (Aska w/ Moon & Moon)
17. 'China Girl' (Xu Xu Fang)
Disc 2:
01. 'Heroes' (VOICEsVOICEs)
02. 'Absolute Beginners' (Carla Bruni)
03. 'Blue Jean' (Papercranes)
04. 'Life on Mars?' (Keren Ann)
05. 'Changes' (Lewis & Clarke)
06. 'It Aint Easy' (Zaza)
07. 'Soul Love' (Genuflex)
08. 'Bewley Brothers' (Sister Crayon)
09. 'Art Decade' (Marco Benevento)
10. 'Ashes To Ashes' (Mick Karn)
11. 'World Falls Down' (Lights)
12. 'The Superman' (Aquaserge)
13. 'Starman' (Caroline Weeks)
14. 'Quicksand' (Rainbow Arabia)
15. 'Sound + Vision' (Mechanical Bride)
16. 'Memory Of A Free Festival' (Edward Sharpe & The Magnetic Zeros)
Thanks for the report to Nme.com.