According to director Tony Palmer’s official YouTube channel Frank Zappa’s movie “200 Motels” will be officially released on DVD soon.
There is no release date yet, but apparently the DVD will use the original master tapes of the movie, which were rumoured to be lost.
200 Motels is a 1971 musical film featuring Frank Zappa and The Mothers of Invention, produced at Pinewood Studios, England. Directed and written by Frank Zappa and Tony Palmer. Actors included Ringo Starr, Theodore Bikel and Keith Moon. A double album of the soundtrack was released in the same year.
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I don’t think the masters were ever rumoured to be missing. It was all the outtakes that were erased so they could sell the tapes again to get back some of the funding.