Masterpiece was composed by Madonna, Julie Frost and Jimmy Harry and produced by Madonna and William Orbit. When Madonna was busy filming W.E., her manager Guy Oseary persuaded her to compose a song for the soundtrack. Madonna recalled:
“[Guy Oseary] harangued me for the entire time I was filming and editing my movie to write a song. And I said, ‘Please, Guy, I’m trying to focus on being a director and I want people to pay attention to the film and I don’t have time.’ So then I finished the film and I started making my record and somehow magically and miraculously the song emerged, ‘Masterpiece,’ so thank you, Guy Oseary, for being so irritating.”
Taken from Wikipedia
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