The album is the soundtrack to Carly's 1987 HBO concert special, Live From Martha's Vineyard. Though it cuts three tracks from the finished concert- Give Me All Night, You Have To Hurt, and The Stuff That Dreams Are Made Of, it adds the song The Right Thing To Do, which didn't make it into the final televised cut of the concert. Greatest Hits Live has been released on Vinyl, Cassette tape, and Compact disc. The album sold very well, going Gold immediately. In 1996, the album was certified Platinum by the RIAA, for sales of over 1,000,000 copies in the United States alone.