UPDATE: There’s a bit of disappointment amongst fans as reportedly the video was not released as was expected.

Sony Columbia, which was scheduled to release the video, issued a statement later that said that as per schedule the video could not be released today but would be available at a later date. However on the brighter side, Beyonce is all set to release live DVD and a companion CD featuring the brand new song “Video Phone” in the later part of this month.

Two of the most popular women in music right now, Beyonce and Lady Gaga, got together recently for a video shoot of the song “Video Phone.” The two leading ladies have produced some pretty theatrical and large-scale videos on their own in the past, and we can’t wait to see what the powerhouse duo have come up with for this countdown-worthy collaboration!

The video is directed by Hype Williams and will be sure to excite and surprise even the most jaded fans. It goes live tomorrow at 5:30 pm so make sure to check back in and see what kind of magic B and Gaga have produced for your viewing pleasure!