From dvddrive-in.com:
On September 9, Image Entertainment will be releasing a new Special Edition of the silent Lon Chaney PHANTOM OF THE OPERA. Utilizing the best 35mm print of the 1929 reissue from the George Eastman House and material from the UCLA Film and Television Archive, this stunning video master features a magnificent orchestral score by Carl Davis and a stunning restoration of the Technicolor masked ball sequence! 2-Disc DVD Collector's Set! Includes Two Versions! 1925 Original Feature (110 mins.) with a Score by Jon Mirsalis, 1929 Restored Version (98 mins.) with Two Soundtracks by Carl Davis (stereo) and the Original Theatrical Soundtrack (mono).
Special features:
Audio Commentary by Film Historian Scott MacQueen
Carla Laemmle Remembers: A Video Interview Conducted by David Skal
1925 and 1930 Theatrical Trailers
Faust Opera Extract from the 1929 Tiffany Sound Feature, Midstream
Still Galleries with Deleted and Missing Scenes
9 Bonus Dialogue Sequences from the 1929 Version
Interview with Cinematographer Charles Van Enger