As part of Capitol's shift in marketing strategy for Duran Duran to develop into a dance band over the course of 1982 (in a bid to ship more units of the Rio album), it was decided to release an EP of remixed tracks in various territories globally to capitalise on increased night-club play and to try to replicate that success on radio.

The success of the Carnival EP gave the band enough clout to bring Kershenbaum back in to remix the entire A-side of the Rio album, which was duly released in the US in November 1982.

The Dutch EP, released in a white sleeve with photos taken from the Rio tour book, featured twelve-inch versions – or "Night Versions" in early Duran Duran parlance – lifted from four of the band's more popular singles – "Hungry Like the Wolf", "Rio", "Planet Earth" and "Girls on Film".

A rare misprint of the Dutch sleeve is existing, stating "Hold Back the Rain" to be included instead of "Planet Earth".

For the Canada and US releases the track listing changed slightly, incorporating among other things, a new Kershenbaum mix of minor single "My Own Way" which featured additional lyrics left off the original album version as well as the 'rhythm section punched up, making it ideal for dancing'.

The US and Canada track listings are rounded out by Night versions of singles "Hungry Like the Wolf" and "Girls on Film", lifted directly from their respective twelve-inches.