Ed SheeranandElton Johnare paying homage to the classic Christmas music videos of old with a silly, feel-good video for their new holiday collaboration “Merry Christmas.”

The British singers released the charity single on Friday after months of teasing it, and also shared a festive music video made of all things merry and bright.

“So kiss me under the mistletoe / Pour out the wine let’s toast and pray for December snow / I know there’s been pain this year but it’s time to let go / Next year you never know, but for now, Merry Christmas,” they sing.

Elton John and Ed Sheeran.Zakary Walters

HED: Ed Sheeran and Elton John Unveil Their Christmas Collaboration ‘Merry Christmas’

The video continues with more costume changes and party scenes, and also a nod to Wham!’s “Last Christmas” video from 1984 as Sheeran plays with a woman in the snow.

Longtime friends Sheeran and John previouslypaid homage to another Christmas classic,Love Actually, when they announced the release date of “Merry Christmas” earlier this week.

Publishing royalties and profits from sales of the song will be donated equally between the Ed Sheeran Suffolk Music Foundation and the Elton John AIDS Foundation.

RELATED VIDEO: Ed Sheeran Says Elton John Calls Him ‘Every Single Morning’: ‘Appreciate Him’

Sheeranfirst let news of the song slipin October during an interview with the Dutch radio station NPO Radio 2.

“Elton rung me on Christmas Day to say Merry Christmas,” the singer said, adding that he talks to John “almost every single day.” “He rung me on Christmas Day and he said, ‘“Step Into Christmas’ is No. 6 in the charts, and I’m 74, and I’m still having f—ing chart hits, this is great! I want to do another Christmas song, will you do it with me?'

The star later told Jimmy Fallon onThe Tonight Showthathe had some reservations, but eventually gave in.

“I said to Elton, I was like, ‘I don’t really want to do a Christmas song unless we’re going in. Unless it’s like sleigh bells, ding-dong— yeah, it needs to be a proper Christmas song,'” he said. “I wrote a chorus, and then I went to go and stay with him, and we wrote three, and one of them was this one called ‘Merry Christmas.'”

source: people.com