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In March 1995, the three surviving Beatles began work on "Now and Then" by recording a rough backing track that was to be used as an overdub. However, after only two days of recording, all work on the song ceased and plans for a third reunion single were scrapped permanently.
According to McCartney, George Harrison "didn't want to do it," possibly because new verses would have had to be written. Producer Jeff Lynne reported that "It was one day—one afternoon, really—messing with it. The song had a chorus but is almost totally lacking in verses. We did the backing track, a rough go that ...