In 1989,
Stig Anderson, ABBA's manager and sometime songwriting partner, sold
Polar Music to
PolyGram (which was bought by
Universal Music in the late '90s). Before that, Polar had only produced and distributed ABBA's records in Scandinavian countries, licensing the recordings for release by different companies around the world (such as
Atlantic in the US and
Epic in the UK). This meant there were many different compilations released in different parts of the world. As these licenses were renewed every three years, and, between 1989 and 1992, had all expired, something PolyGram waited for before releasing any new ABBA compilations. PolyGram made all of the original studio albums available (along with the 1986 live album which had originally been issued by Polydor worldwide), while all previously released ABBA compilations had been deleted. In the summer of 1992,
Erasure had released a 4 track ABBA cover EP, titled
Abba-esque, which topped charts around the world and showed that there was still a strong interest in ABBA's music. Rather than issue the multiple previous compilations, PolyGram put together a new collection, optimized for the CD format. This new release was compiled by
PolyGram International's Chris Griffin and Jackie Stansfield,
Polydor UK's George McManus, Ingemar Bergman of Sweden Music and Polar in Sweden, and music journalist
John Tobler, who also wrote the album's liner notes. Chris Griffin tried to sequence the tracks as if it were a radio show: the album starts with "
Dancing Queen", the band's most famous song, and then journeys through ballads, fun hits and dance classics, before it ends with "
Waterloo", a nod to the group's international breakthrough in the
1974 Eurovision Song Contest. The album contains a selection of at least one tracks from every album in ABBA's discography up until that point (other than their debut album, Ring Ring) including three tracks each from
Arrival,
ABBA: The Album and
Super Trouper, four from
Voulez-Vous, two from
ABBA, and one each from
Waterloo and
The Visitors. Additionally, it features the singles "
Fernando" and "
Gimme! Gimme! Gimme! (A Man After Midnight)", released on
Greatest Hits and
Greatest Hits Vol. 2, respectively.
Gold: Greatest Hits was well received by the music-buying public, and went on to be one of the
best-selling albums of all time. == Release ==