U2 to perform Oscar-nominated 'Ordinary Love' at the Academy Awards

World-renowned rock band U2 will perform their Oscar-nominated song "Ordinary Love" for a global audience at the Oscars, show producers Craig Zadan and Neil Meron announced Wednesday. U2's exclusive Oscar show performance will be the first time the band will perform the song live.

"Ordinary Love" was written by the group for "Mandela: Long Walk to Freedom." It is nominated for Original Song. The three other nominated songs are "Happy" from "Despicable Me 2," "Let It Go" from "Frozen," and "The Moon Song" from "Her."

U2 has sold more than 150 million records worldwide since its formation in 1976. The group has won 22 Grammy Awards - more than any other band - and was inducted into the Rock and Roll Hall of Fame in 2005, its first year of eligibility. The band's 110-show, 26-month "U2360°" tour, which ended in July 2011, played to more than 7 million fans in 30 countries on five continents, and was the highest-grossing concert tour of all time. The band is currently in the studio working on a new album.

Awards for outstanding film achievements of 2013 will be presented on "Oscar Sunday," March 2, at the Dolby Theatre at Hollywood & Highland Center, and televised live on the ABC Television Network. The Oscars, produced by Craig Zadan and Neil Meron, also will be televised live in more than 225 countries and territories worldwide. Ellen DeGeneres will host.