While Starr performed new material from Time Takes Time, he mostly centered on his Beatles' standards on this occasion, namely "Yellow Submarine", "With A Little Help From My Friends" and his cover of The Shirelles' "Boys", which had been appeared on The Beatles' first album, Please Please Me, in 1963. The members of his All-Starr Band also had solo moments during the live recording.
Following up on the 1990 album Ringo Starr and His All-Starr Band, this new collection was a recording of a performance in Montreux in 1992, shortly after the release of Starr's studio album Time Takes Time. Ringo Starr and His All Starr Band Volume 2: Live from Montreux was released worldwide on Rykodisc, on 14 September 1993,[nb 1] eventually being deleted towards the end of the 1990s. To help promote the album, Starr appeared on NBC's Today television show, on 13 October 1993. Due to his heavy involvement in The Beatles Anthology, it was Starr's last official release until Vertical Man in 1998. In between these releases, Starr orchestrated a limited edition live release of his 1995 tour exclusively through the Blockbuster video store chain in 1997.