Paramount

> Paramount 4K Blu-ray

Shout! Factory 4K Blu-ray is poor, Paramount Blu-ray is better, R1 DVD is best

US Paramount 4K Blu-ray, is the International US Cut and not the Encore Cut

Australia Cut: Laserdisc

The film exists in three versions:
- the original Australian cut (~104 minutes at 24fps/~100 minutes at 25fps);
- the American/international version (~98 minutes at 24fps/~94 minutes at 25fps) trimming some exposition in the Outback first half of the film and some shorter extensions of a few seconds in the New York section, altering some of the dialogue – including censoring a "fuck" to "screw" – but featuring one additional dialogue extension not in the Australian version (a comparison of the two cuts can be found at Movie Censorship);
- the Australian Encore Cut (~95 minutes at 24fps/~91 minutes at 25fps) which uses the international version source so it already has those alterations but also removes approximately three minutes consisting of parts of two scenes featuring Mick grabbing the crotch of a cross-dressing prostitute and a later sequence when he does the same thing at a party to a woman with a deep voice (a comparison of the international version and the Encore Cut can be found at Movie Censorship).

70mm 6-track mix in 5.1: Paramount1998 DVD or Paramount THX LaserDisc

Dolby Stereo mix in 2.0: Paramount THX LaserDisc

The 70mm 6-track mix has a higher bitrate on the Paramount 1998 DVD. The Paramount 1998 DVD also has open matte versions in fullscreen 1.33:1 and widescreen 1.85:1 instead of the theatrical aspect ratio of 2.39:1, but the 1.85:1 widescreen presentation is non-anamorphic.

1995 Paramount LaserDisc

Paramount 4K Blu-ray caps show a very disappointing encode / upgrade

> Capelight DE 4K Blu-ray (caps)

70mm 6-Track: Paramount US 4K Blu-ray

35mm matrixed Dolby Stereo: 1995 Live Home Video US LaserDisc

Although the provenance of Paramount's 5.1 track is not confirmed, the fidelity is outstanding and speaks for itself.
The 7.1 track on the Capelight/old Lionsgate release is just an upmix with nothing gained over the 5.1.
The original stereo mix is only present on older DVDs and LaserDiscs; all Blu-ray 2.0 tracks are downmixes.

Paramount 4K Blu-ray has no extras, Capelight 4K Blu-ray has most of the extras, Olive Films Blu-ray has a exclusive commentary

Paramount 4K Blu-ray has DNR applied but it is still much better than the bad Blu-ray

Paramount 4K Blu-ray

Paramount 4K Blu-ray has heavy DNR in many scenes

R1 DVD for the original Dolby Stereo

LaserDisc

1989 Paramount Home Video LaserDisc [LV 32054]

Paramount 4K Blu-ray heavily revisionist. Purist option: 35mm scan, Blu-ray, DVD or LaserDisc

LaserDisc 2.0 matrix stereo, DVD 5.1, Blu-ray 5.1

The Paramount 4K master is HEAVILY revisionist in that all of the effects and opticals were redone and tweaked with errors and issues. There has been grain management (moments of stagnating grain and haloing) and the encoding isn't great hence the typical Paramount noise in the image. (especially skies) The HDR is a bit bright in the highlights. The Blu-ray is showing its age but does not have any of these digital alterations. It is from the scan done by Laser Pacific and is the highest quality unaltered master we have. The DVD was done by Lowry Digital and had much scrubbing and processing of grain in addition to edge enhancement. The letterbox LaserDisc was the first widescreen release and is very good for its time. There was also a rare SVHS release using the letterbox LaserDisc master.
The 4K Blu-ray audio is seemingly an Atmos remix of the 5.1 found on the Blu-ray which itself is very similar to the DVD 5.1. All are presumably based on the 70mm Dolby six track mix. The Atmos is more processed and moves the sound around more so it is inferior to the older 5.1 iterations. On release, Last Crusade had Dolby 70mm with stereo surrounds, Dolby Stereo SR for 35mm and was mixed in a THX sound theater to ensure the ultimate in technical quality in 1989. The DVD was supposedly made from the 70mm mix and the Blu-ray 5.1 seems to bring that into lossless. This is unconfirmed but each seems to be a healthy and accurate version of the original audio. However, the LaserDisc despite only having matrix PCM stereo is punchier and livelier as a listening experience. Despite not being discrete it arguably sounds better than the 5.1 versions. Some who remember seeing each of the original release versions claim to remember the 35mm Dolby DR as sounding better than the 70mm Dolby.  This is a case where both sound great and it's up to fans to decide which they prefer. Both are essential for any Indy collection and the LaserDisc is very cheap. The VHS hifi seems to be the same 2.0 matrix with format differences so it can also be compared against the DVD and Blu-ray 5.1 versions.

DFIC extensive review: https://youtu.be/evsrJOTIjdA?si=wtdWGxZBfhPYTIeW

LaserDisc for original mix

The Paramount 4K "restoration" is a desecration. It has completely revisionist color timing, harsh HDR, treatment of stock footage, bad encoding, selective DNR and grain management so bad that the entire screen frequently freezes up with only characters moving around in grain soup. It is so bad that the film's restorer Robert Harris publicly washed his hands of it saying essentially the 2007 restoration (with Willis and Coppola supervising) is how the film was intended and made. This is Paramount's modern version done their way. The new 1080p SDR Blu-rays in print are the crap 4K desecration master with the same problems still there just harder to spot and with crap encodes. Part III fares best of the three and these issues are at their most minimal-but they're still there. The new Coda version is given prominence with lesser encodes for the other two versions. The original mix was remixed into 5.1 decades ago and we have yet another version of this instead of the original Dolby Stereo SR as heard on the LaserDisc release.
The 2008 Blu-ray of the 2007 restoration, while an imperfect outdated disc, is LIGHT YEARS better than this 4K desecration. The only truly major issue is that it is very slightly redder than the 2007 finished master as seen on DCPs.
DFIC review of the hideous crap 4K Blu-rays: https://youtu.be/0uw6-Kcy_UA?si=ob1nDg0wTCvemjH0

Despite being restored alongside the Coppola Restorations of The Godfather: Parts I and II, the Part III restoration is not officially labelled a Coppola Restoration.