It is part of Sony's The Essential series.
The songs are arranged in chronological order; all studio albums released before 2002 are represented, except the 1977 album Death of a Ladies' Man.
All tracks were digitally remastered by Leonard Cohen and Bob Ludwig.
All songs on the compilation were chosen by Cohen himself.
The album was re-released in August 2008 with an extra disc of previously not included tracks (presented as the selection of "fans' favorite" songs).