Stormzy, Dua Lipa, Laura Marling, Lanterns On The Lake and Charli XCX are also included in those in contention.
The four-hour event will also feature celebrity DJ mixes from Joe Jonas, Diplo, Marshmello, will.i.am, Martin Garrix, Dillon Francis and more.
John Legend, Dua Lipa and Will Ferrell were among the other stars who appeared on the show.
'Homefest' will also feature contributions from Billie Eilish, Dua Lipa and Andrea Bocelli.
Also due to perform are Selena Gomez, as well as Taylor Swift, recipient of the AMAs Artist of the Decade award.
After the concert airs live, subscribers in 200 countries can still watch the show on Amazon Prime for a limited time.
The band will perform at the Metropolitano Stadium in Madrid on Saturday, 1 June, just minutes before Liverpool and Tottenham Hotspur compete for the biggest prize in European club football.
The new song follows hot on the heels of Sean Paul’s recent smash ‘Mad Love’ ft. Becky G, produced by David Guetta.
The group will kick off the North American leg of their world tour at the Forum In Los Angeles on 17 April.
This year's event will be held at LA's Staples Center and hosted by Alicia Keys.
Next year's festivals will take place across the weekend of 23 - 25 August 2019.
Ariana Grande's song 'One Last Time' featured strongly in London's New Year's Eve fireworks celebrations ringing in the New Year 2018
