We Will Always Love You is the third studio album from Australian electronic group The Avalanches, released on 11 December 2020 through Modular Recordings.

The Avalanches (Robbie Chater and Tony Di Blasi) released their second studio album, Wildflower, in 2016. As the album came 16 years after their debut, Since I Left You, the group felt they now had a clean slate to work on new material. While on tour for Wildflower in early 2017, Chater left the tour to battle his alcoholism at a detox facility. Di Blasi continued the tour with a full backing band. After the tour was completed, they began work on a new album. Before production began, Chater sold most of his collection of 7,000 records to nurture a fresh start.

We Will Always Love You is built on sampling, but is less of a plunderphonics record than the band's previous material. Chater explained that making sample-based music is time-consuming. According to Chater, Since I Left You had 900 samples, and We Will Always Love You "still contains hundreds and hundreds of samples [...] fragmented across the record." The group set out to use samples as the basis of songs, but added instrumentation to build out the sound they wanted to achieve more easily and quickly. The Avalanches brought in musician and friend Andrew Szekeres to help push production along in this manner. They also brought in guest vocalists because doing so took less time than searching for samples for months, although Chater still compared finding the right vocalist to searching for a sample.

One of the first songs recorded for the album was "Reflecting Light," which samples "Glow Worms" from the 1970 English folk record Just Another Diamond Day by Vashti Bunyan. The title track "We Will Always Love You" features vocals from Blood Orange and samples from "Hammond Song" by the Roches and "I'll Take You Any Way That You Come" by Smokey Robinson and the Miracles. "Running Red Lights" is dedicated to David Berman and features lyrics from the Purple Mountains song "Darkness and Cold." It features vocalists Pink Siifu and Rivers Cuomo. "Music Makes Me High" is a stylistic throwback to older house music, like that found on the label Crydamoure or Basement Jaxx's debut album Remedy (1999). The lead sample from Salty Miller reminded Chater of "Red Alert." "Take Care in Your Dreaming" features vocalists Denzel Curry, Sampa the Great, and Tricky. Curry's verse was recorded in 2019, and the others in 2020.

The album features many collaborators: Sananda Maitreya, Vashti Bunyan, Blood Orange, Rivers Cuomo, Pink Siifu, Denzel Curry, Tricky, Sampa the Great, Leon Bridges, Johnny Marr, MGMT, Clypso, Neneh Cherry, Jamie xx, Kelly Moran, Cornelius, Karen O, Kurt Vile, Mick Jones, Cola Boyy, Perry Farrell, Wayne Coyne, and Orono.

The album's concept is rooted in "death, the afterlife, the stars, celestial beings and everything that's out there" in the context of their tendency to sample music from artists who have died. Chater explains:

"When we're sampling very, very old recorded music, the singer may have long passed so it's almost like summoning spirits [...] If we sample a record from the 40s, someone else has owned that record for maybe 50 years and played it a million times, and so they've added to the crackles on the vinyl. Then that record came into my life, and we sampled it and made a song out of it. [...] It's just a beautiful flow of energy that we're only a small part of, so the album reflects all those sorts of processes."

The cover art features an image of Ann Druyan, creative director of the Voyager Golden Record project. The image, modified from the photo taken by Bettina Cirone around 1980, was run through a spectrograph, turned into sound, then processed back into an image. The group wanted to work with her after hearing that the sound of her heartbeat captured for the Golden Record was recorded the day after Carl Sagan proposed to her. They booked studio time to record her voice for the album, but she canceled it. She still permitted them to use her image on the cover.