The rights for popular songs for use in movies are usually VERY expensive. If the rights can even be obtained (try getting the rights to a Bruce Springsteen song; and Jack Black had to make a personal appeal to get Led Zeppelin's permission to use "Immigrant Song" in SCHOOL OF ROCK.) So it's generally best to avoid referring to popular songs in your script because there is just no guarantee that the production will be able to afford or obtain the rights to them.
And anyway, if you're writing a spec script, one that you hope to sell to a studio or other producing entity, you should not worry about the soundtrack in the script; instead focus on character and story. The people who read these scripts like to leave the issue of music (and casting and camera directions and...) to the producers and directors. Too many pop song references often betray a writer as a neophyte.
"Rules" are always made to be broken of course, but proceed with caution if you choose to.
Good luck!
Bill
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