Murphy played a huge part in INXS' international success from 1979 to 1995 and also managed acts including The Models and The Buckleys.
The band said, “The announcement of being the biggest selling Australian artist of the last decade is overwhelming, and we are truly humbled, thank you."
The much-acclaimed film will be playing in U.S. cinemas for one night only, on 7 January 2020.
This new version of the band's 1987 hit is the third track to be taken from 'Mystify – A Musical Journey With Michael Hutchence'.
The song is the second track to be taken from the soundtrack to the forthcoming documentary, 'Mystify - A Musical Journey With Michael Hutchence.'
The album features rare tracks, deep cuts and huge hits by INXS and their much-missed frontman.
'Mystify' is set to premiere at the 2019 Tribeca Film Festival in April 2019.