Only available presently in Sony's Columbia Classics Collection Volume 3 4K UHD that includes It Happened One Night / From Here to Eternity / To Sir, With Love / The Last Picture Show / Annie / As Good As It Gets:

Bonus Captures:

NOTE: The below Blu-ray and 4K UHD captures were taken directly from the respective discs.

ADDITION: Criterion 4K UHD (November 2023): Criterion have also transferred Peter Bogdanovich's "The Last Picture Show" to 4K UHD. They only include the longer "Director's Cut" of the film in 4K UHD, and two Blu-rays: one of the Director's Cut but with supplements and a second Blu-ray the theatrical (in color) and longer "Director's Cut" (in black and white) of the sequel Texasville - plus extras.

In November 2010 Criterion released a Blu-ray collection with "The Last Picture Show" - as part of their America Lost and Found: The BBS Story Blu-ray boxset, reviewed HERE. The 'BBS' stood for the production team of Bert Schneider, Robert (Bob) Rafelson and Steve Blauner. It had the director’s cut of "The Last Picture Show", with a 1080P transfer "supervised by Bogdanovich". We've compared four captures to that and Sony's 4K UHD transfer. The Criterion 2160P is, as anticipated, very similar. It is on a triple layered disc with a higher bitrate and, to my eyes, the image is a bit "lighter" and has less prominent grain. It, likewise, looks fantastic - not a pixel out of place. We didn't do bonus captures as the Sony's are so similar.

Texasville on Blu-ray is a bit weak with the dual-layered disc sharing 4.5 hours of features with both color theatrical and 25-minute longer "Director's Cut" in monochrome. Perhaps we are spoiled with 4K UHD but the image on my system was only 'okay' (monochrome may have infiltration - or it may be my eyes), but the difference in my film viewing were quite significant by both the black-white vs. color and the lengthier "Director's Cut" version. I have to say that got much more out of the film but settle-in - it is long at shy of 2.5 hours. 

Criterion go for an authentically flat linear PCM mono track for "The Last Picture Show" on 4K UHD (as well as the Blu-ray of the film and both versions of Texasville.) There isn't much in the way of aggression - some fisticuffs, cars etc. "The Last Picture Show" features entirely diegetic music, including many popular 50s country and western songs by the likes of Hank Williams Sr. Tony Bennett, Lefty Frizzell, Eddie Fisher, Frankie Laine, Jo Stafford, Hank Snow, Johnnie Ray, Kay Starr and others. The 4K UHD and Blu-ray of "The Last Picture Show" offer optional English (SDH) subtitles, as do both cuts of Texasville. The 4K UHD is region FREE, and the Blu-rays and region 'A'-locked.

For the extras "The Last Picture Show" basically duplicate the one on the America Lost and Found: The BBS Story Blu-ray. There are two audio commentaries, one from 1991, featuring Bogdanovich and actors Cybill Shepherd, Randy Quaid, Cloris Leachman, and Frank Marshall; the other from 2009, featuring a lone Bogdanovich - on both the 4K UHD and, second disc, feature Blu-ray. where the rest of the supplements reside. “The Last Picture Show”: A Look Back, is an excellent hour-long documentary from 1999 directed by Laurent Bouzereau. It details how the film as made - from casting to the decision for black and white over color and features interviews with Bogdanovich, Cybill Shepherd, Timothy Bottoms, Jeff Bridges, Ellen Burstyn, Cloris Leachman, and Frank Marshall. Also included is Picture This (aka The Times of Peter Bogdanovich in Archer City, Texas) - a 42-minute, award-winning documentary, from 1990, directed by George Hickenlooper with the cast revisiting Archer City to shoot, the sequel, Texasville. It exposes some of the conflict that occurred behind the scenes of the first film. There is an interview with Bogdanovich. It lasts about a dozen minutes. There are and some brief screen tests shot on 16mm and some, soundless, location footage. We also get 4-minutes of excerpts from a 1972 television interview with director François Truffaut about the 'New Hollywood' as well as theatrical trailers - the original (3:05), and the re-release (1:28).

On the second Blu-ray with Texasville we also get Bouzereau's 2003 1/4 hour The Next Picture Show with Bogdanovich, Marshall and Production/Costume designer Polly Platt plus there is a 4-minute Introduction to Texasville featuring Bogdanovich, Shepherd, and actor Jeff Bridges. Lastly is a trailer or Texasville.

The 3-disc 4K UHD and 2-disc Blu-ray packages have a liner notes booklet with an essay by film critic Graham Fuller and excerpts from an interview with Bogdanovich about Texasville, with a new introduction by Bogdanovich biographer Peter Tonguette (Picturing Peter Bogdanovich: My Conversations with the New Hollywood Director.)

Peter Bogdanovich’s "The Last Picture Show" is a masterpiece frequently considered the best film of the early 70s and often cited in '100 greatest American films of all time' polls. It was adapted by Bogdanovich and the novel's author, Larry McMurtry, from the semi-autobiographical 1966 book of the same name. It is set in a set in a desolate northern Texas town in the early 50s focusing on the lives of maturing teenagers and some of the small dying burgh's dissatisfied residents. It has an ensemble cast with Timothy Bottoms (The Paper Chase) in his second feature, young Jeff Bridges (with Fat City his next project), versatile Ellen Burstyn (Requiem For a Dream), stalwart and imposing Ben Johnson (The Wild Bunch), Oscar-winner Cloris Leachman (Dying Room Only), and absurdly photogenic Cybill Shepherd (Taxi Driver). Bogdanovich re-edited the film to create a "director's cut" included here. This version restores seven minutes of footage that Bogdanovich trimmed from the 1971 release because Columbia demanded a limit of 119-minutes. One cut was the sex scene between Jacy (Shepherd) and Abilene (Clu Gulager) as well as several shorter scenes were also restored. The final screening, essentially the 'last picture show', for the two friends, Sonny (Bottoms) and Duane (Bridges) is John Wayne's Texan western Red River directed by Howard Hawks. "The Last Picture Show" captures a hopeless, dead-end, existence for the desperate youths of tiny Anarene while the adult townsfolk are poor examples as they drink, are depressed, jaded, have affairs and are resigned to their limited fates. There is a realism to the film sparked by Bogdanovich's tight control, the barren atmosphere and the remarkable performances. 1990's "Texasville", from Larry McMurtry's 1987 novel, dedicated to Cybill Shepherd, has Bridges, Shepherd, Cloris Leachman, Timothy Bottoms, Randy Quaid, and Eileen Brennan reprising their roles from "The Last Picture Show" - depicting 33-years later hence the events of the first film. Bogdanovich describes it as "more chaotic, less structured, more fragmented, more insane, more desperate than Picture Show. There's something intrinsically tragic about coming-of-age..." Of the longer, 1992, cut Bogdanovich describes "This is the way Texasville should have been seen when it was originally released. We had to take out a lot of the dramatic scenes between Jeff (Bridges) and Cybill and between Jeff and Timothy Bottoms. There was also a wonderful scene at the Centennial when Cybill sings a hymn. The balance between comedy and drama was off, so when the movie turned out to be a drama, people were thrown. Whereas the correct version, the longer version, has a better balance." It's great to have both versions as part of the stellar "The Last Picture Show" 4K UHD package - that is "essential" in our opinion.

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ADDITION: Sony 4K UHD (October 2022): Sony are releasing Peter Bogdanovich's "The Last Picture Show" come to 4K UHD  as part of their Columbia Classics Collection Volume 3 4K UHD that includes It Happened One Night / From Here to Eternity / To Sir, With Love / The Last Picture Show / Annie and As Good As It Gets. It's such a pleasure to have a Peter Bogdanovich's "The Last Picture Show" come to 4K UHD.

This 4K UHD package has three discs also includes Peter Bogdanovich’s preferred 1999 Definitive Director’s Cut, presented in 4K resolution with Dolby Vision, restored from the original camera negative, the 1971 Theatrical version, also presented in 4K resolution with Dolby Vision, restored from the original camera negative and there is also a Blu-ray of the Director's Cut, sourced from the 4K master, and housing supplements.

In November 2010 Criterion released a Blu-ray collection with "The Last Picture Show" - part of their America Lost and Found: The BBS Story Blu-ray boxset, reviewed HERE. The 'BBS' stood for the production team of Bert Schneider, Robert (Bob) Rafelson and Steve Blauner. It was the director’s cut of "The Last Picture Show", with a 1080P transfer "supervised by Bogdanovich". We've compared 4 captures below but you just can't beat the higher resolution even readily notable in the unusual but aesthetically effective monochrome choice. "The Last Picture Show" has never had dynamic black / white contrast with indoor scenes falling somewhere between grey and pale-hazed tones. This totally suits the atmosphere of the dusty ghost town appearance. The 2160P produces luscious grain textures that are readily visible and a significant uptick in sharpness and detail. Both the Theatrical Cut and Director's Cut have the same HDR (Dolby Vision) application and look extremely similar. I couldn't distinguish much of a difference. I thought this looked so rich and film-like via this 4K UHD rendering. A beautiful representation of a visually remarkable film.