This is a song that was specifically written to order to be the title theme to the 1978 film FM. It made the US Top Forty that year when released as a single. It had been recorded during the same sessions as Aja and employed some of the same studio musicians and recording personnel, in addition to band members and songwriters Walter Becker and Donald Fagen. Among them were saxophonist Pete Christlieb and drummer Jeff Porcaro; several members of the Eagles sang backing vocals. It only appears on compilation albums.
Steely Dan Trivia... The Steelies had a thing going with the Eagles - the lyrics to one of their tracks "Everything You Did", a lyric says, "turn up the Eagles, the neighbors are listening." ". In response he Eagles penned the lyrics, "They stab it with their steely knives but they just can't kill the beast" in their hit "Hotel California"
