It is the title theme to the 1978 film FM. It made the US Top Forty that year when released as a single, a success relative to the film it was from, which failed at the box office and has remained obscure since then.
I selected this song in memory of Walter Becker who passed away on the 3rd September 2017.
In the majority of Steely Dan songs the lead guitar was recorded by such notable figures like Larry Carlton, Denny Dias, and Skunk Baxter. For this track the guitar parts were recorded and performed by Walter Becker.
I have also included a backing track which is used in the playthrough at the end of the lesson.
FM – Backing Track
Lead Guitar TabsFM Tabs Lead Guitar
All the chords used in the song.