Update: Muppets: The Green Album is a tribute compilation, so Ms. Deschanel is safe after all.

Sure, it’s not even July yet, but we already assumed that Zooey Deschanel would leave 2011 with the award for “Most Appropriate And Thus Amazing Choice For A Soundtrack”. That was, however, until Disney went ahead and announced Muppets: The Green Album (via Pitchfork), an accompanying soundtrack for the Jason Segel-written The Muppets movie. Featuring the likes of My Morning Jacket, Weezer, OK Go, Andrew Bird, Sondre Lerche, and more covering classic Muppets songs, no amount of cuteness can save Winnie the Pooh now.

The 12-track effort houses a number of potentially amazing efforts, including OK Go tackling The Muppet Show theme song, Alkaline Trio handling “Moving Right Along”, Andrew Bird’s rendition of “Being’ Green”, and, the piece de resistance, Weezer and Paramore’s Hayley Williams dueting on “Rainbow Connection” (Bethany who?).

The LP’s collaborative nature mirrors the film’s plot, with Segel and Amy Adams’ characters helping Kermit the Frog reunite the Muppets in order to raise money to save Muppet Theater. Oh, and Dave Grohl will lend a musical assist.

Check out the entire tracklist below. Muppets: The Green Album hits stores August 23rd, while The Muppets arrives in theaters November 23rd.

Muppets: The Green Album Tracklist:
01. OK Go – Muppet Show Theme
02. Weezer and Paramore’s Hayley Williams – Rainbow Connection
03. The Fray – Mahna Mahna
04. Alkaline Trio – Moving Right Along
05. My Morning Jacket – Our World
06. Amy Lee – Halfway Down the Stairs
07. Sondre Lerche – Mr. Bassman
08. The Airborne Toxic Event – Wishing Song
09. Atreyu’s Brandon Saller and Good Charlotte’s Billy Martin – Night Life
10. Andrew Bird – Bein’ Green
11. Matt Nathanson – I Hope That Something Better Comes Along
12. Rachael Yamagata – I’m Going to Go Back There Someday