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Presenting: Leonard Cohen's Old Ideas With New Friends

To celebrate Leonard Cohen’s legendary 40 years in music and his upcoming new album “Old Ideas”, a handful of today’s artists such as Deerhunter's Bradford Cox, Cults, Cold War Kids, and the New Pornographers' A.C. Newman have recorded a cover of their favorite Leonard Cohen song.

We are proud to present the first entry in the series, a haunting cover of "Paper Thin Hotel" performed by Greg Dulli, exclusively on RollingStone.com. Check back Thursday for the next installment in the series, featuring Cold War Kids.

Click here to watch.