With the 1986 revival of "Monkeemania," Arista Records issued a new Monkees "best of" collection, including three new recordings featuring Micky Dolenz and Peter Tork: "That Was Then, This is Now," "Anytime, Anyplace, Anywhere," and a remake of the Paul Revere and the Raiders hit, "Kicks." Neither Michael Nesmith nor Davy Jones participated in the new recordings. Nesmith also did not join the 1986 tour with the reassembled Monkees, while Jones did. However, Jones would leave the stage when the new songs were performed.
"That Was Then, This is Now" was issued as a single and charted at #20 in the US during that year. Its followup, a remix of "Daydream Believer" (featuring a more modern drum sound), hit #79.
While the album is out of print, music store J&R continues to sell the vinyl version in memory of Davy Jones, and the three new songs have been made available on the iTunes Store.