Bowie recorded a new version of the song in 1997 for the film The Ice Storm. This version was released as a single in Germany and Scandinavia by Velvel Records in December 1997. In January 1998 it was also released in Australia by Shock Records under exclusive license from Velvel Records. The single stayed in the UK Top 200 for 3 weeks, peaking at No. 73.
When Bowie performed the song in 1996 he described it as "full of remorse and agony, I expect, it's when jobs go wrong, and home doesn't really feel warm anymore, and you don't need anybody - you don't even pretend you do - and you end up in this kind of state."