The timeless ballad featuring Alan Menken’s melody and Howard Ashman’s lyrics, received an Academy Award and Grammy Award in 1992.
The band's much-anticipated UK and European arena and stadium dates remain unaffected, however.
Director Jon Favreau's new 'Lion King' is due to arrive in cinemas during July 2019.
The new vinyl edition has been half-speed mastered at Abbey Road and includes a detailed 20-page booklet.
John Legend along with Andrew Lloyd Webber and Tim Rice joined the EGOT ranks – winning a Emmy, Grammy, Oscar and Tony thanks to 'Jesus Christ Superstar'.