On May 30, 2002, People magazine mistakenly reported that Madonna was set to record a cover version of Gordon Lightfoot’s If You Could Read My Mind:
Madonna fans who are looking forward to seeing and hearing her on the new James Bond film, Die Another Day, will be chuffed to hear that her Madgeness will be taking a slightly bigger role in the flick than previously thought. Mrs R will record a cover of a song called If You Could Read My Mind for a spicy scene where Bond, played by Pierce Brosnan, seduces Halle Berry’s character, Jade. The song was originally recorded in 1970 by Gordon Lightfoot.
In fact, an original song titled Can’t You Read My Mind, written by Madonna & Mirwais, is registered in ASCAP’s database. String arranger Michel Colombier confirmed in May of 2002 that he had recorded a string arrangement for the song, referring to it as the theme for the upcoming Bond film. This suggests that it was likely an early version of the released theme song, Die Another Day, possibly featuring alternate lyrics that were later revised to tie in with the film’s title.