Jackson 5's hit "I'll Be There," Prince & The Revolution's 1984 album "Purple Rain," as well as "Schumann: Carnaval Op.9" composed by Russian composer Sergei Rachmaninoff were among the 30 recordings named as inductees into the Grammy Hall Of Fame on Tuesday.

The newest additions to the Academy's Hall of Fame are characterized by a wide spectrum, featuring the Beatles' 1967 single "Penny Lane," Al Jolson's "My Mammy" in 1927, Harry Chapin's 1974 album "Cat's in the Cradle," and popular hits by other famous musicians from 1927 through 1984.

"The Grammy Hall of Fame represents all genres of music, acknowledging the diversity of musical expression for which The Academy has become renowned," said Neil Portnow, president/CEO of The Recording Academy.

"These musical treasures have brought us timeless recordings, and each of them deserves to be memorialized. These recordings are living evidence that music remains an indelible part of our culture."

Established by The Academy's National Trustees in 1973, the Grammy Hall Of Fame was created to honor recordings of "lasting qualitative or historical significance that are at least 25 years old."

Recordings are reviewed annually by a special member committee of eminent and knowledgeable professionals from all branches of the recording arts, and final approval is made by The Recording Academy Trustees.

With the 30 inductees, the Hall of Fame includes 881 titles, all of which are honored and on display at the Grammy Museum in downtown Los Angeles.