Highest Hopes was released in three different formats: Standard, Special Edition and Extended 2 CD. In addition to the normal version, a special edition was released, omitting the song "Deep Silent Complete" and replacing it with the popular cover version of "The Phantom of the Opera" song. It also contains a bonus DVD containing three full songs filmed live at the M'era Luna Festival in Hildesheim, Germany in 2003.[4]
The Extended Version is a 2-CD compilation with CD1 the same as the Standard Version plus a second CD of eight audio tracks from the Tarja Turunen period and includes a bonus DVD containing ten video tracks; Three full songs (tracks 1–3) filmed live at the M'era Luna Festival in Hildesheim, Germany in 2003 (identical to the Special Edition Bonus DVD but in an altered running order), three studio videos (tracks 4–6) and a further four full live songs (tracks 7–10) filmed live at the Summer Breeze Festival in Germany in 2002. All versions feature a new (2005) recording of the song "Sleeping Sun" and a live version of Pink Floyd's "High Hopes", from which this compilation takes its name.[4]
The album was certified platinum in Finland – for sales exceeding 40,000 copies – the same day it was released,[5] and also was gold in Norway with more than 20,000 sold copies.[6] It was also Finland's best-selling album of 2005, having sold more than 65,000 copies, certified with double platinum. Today, it has sold more than 103,000 copies.[7]