The Nine Inch Nails duo were also competing against themselves in the category, having also bagged a nomination for their work on David Fincher’s 'Mank.'
This year's awards are scheduled for February 28 and will be shown on NBC.
From 1987 to 1992, New Jack Sound’s innovative fusion of hip-hop and R&B dominated the charts.
This year's winners are set to be revealed at the annual Academy Awards ceremony on 9 February.
The new collaborative track is expected to appear on the upcoming Osbourne studio album 'Ordinary Man'.
“To Elton John, thank you for the music, thank you for living a life less ordinary, and thank you for being my friend.”
The Hollywood Foreign Press Association announced that Nick Jonas and Rami Malek will present at the 77th Annual Golden Globe Awards this Sunday.
John Williams and Randy Newman are also among the semi-finalists in those categories for the 92nd annual Academy Awards.
Taupin's original lyrics for ‘The Border Song’ and ‘Bennie And The Jets’ also went under the hammer.
Taylor Swift, Beyoncé and Elton John all earned nominations for best original song for a movie for 'Cats', 'The Lion King' and 'Rocketman'.
After breaking box office records around the world, the much-acclaimed film premiered on HBO on Saturday, 6 July.
The song was originally released by Capitol Records in January and has been a global smash.
'Retrospective I' will be issued on 26 April as a deluxe hardcover book edition, with seven albums featuring Jóhannsson’s earlier works.
The widely-hailed 'Shallow' also won Best Original Song at the 2019 Golden Globes last week.
Presented by Andy Samberg and Sandra Oh, the 76th Golden Globes came from the Beverley Hills Hinton in California.