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Prior to any announcement of the album's release, the band had a Spotify Singles release on September 12, 2018, featuring live performances of their American Dream song "Tonite", their This Is Happening song "Home", and a cover of Chic's 1978 song "I Want Your Love", which had been in the band's live setlist rotation during their tour. Following the release, band member Al Doyle revealed on Twitter that the band performed a session at Electric Lady Studios and that there would be more music from the session, including covers, released in the future. On November 2, the band released a cover of Heaven 17's 1981 song "(We Don't Need This) Fascist Groove Thang" along with a confirmation that they would be releasing a live album, titled Electric Lady Sessions, at some point in the future. The band revealed the album's details and made it available for pre-order on January 11, 2019.
Electric Lady Sessions was released on February 8, 2019, through DFA Records and Columbia Records. It was made available on digital platforms and on vinyl. The vinyl release features two 180-gram 12-inch vinyl records housed in a gatefold package.