The tribute to Tom Waits is set to drop May 20.
The BBC said Bowie sings new versions of "Falling Down" and "Fannin' Street" on the album, which includes 10 covers of Waits' songs and an original composition called "Song for Jo."
Johansson, best known for her roles in "Girl With a Pearl Earring" and "Lost in Translation," will soon be seen in "The Other Boleyn Girl," in which she plays doomed Queen Anne Boleyn's sister Mary.
The movie is scheduled to screen at the Berlin Film Festival.
2014: The Year in Music [PHOTOS]