Originally released by Arista Records in Australia in 1979, and later in New Zealand and Italy, Monkeemania: 40 Timeless Hits from The Monkees became a well-liked compilation that covered a wide spectrum of the group's 1960s output. It was also a coveted import in the United States and elsewhere in the 1980s.
A 2-LP set featuring liner notes written by Glenn A. Baker (who later published the book Monkeemania: The True Story of The Monkees), the album package included discographies, a collage of memorabilia and clippings, and color photos of each individual Monkee taken during the 1968 Australian tour on the back cover. Also of note is that a few songs saw official release for the first time on Monkeemania, including "Steam Engine," "Love to Love," and the live concert version of "Circle Sky." However, the tape sources used for these tracks were quite dubious, and those songs were later treated to more professional releases by Rhino Records in the 1990s.