In 1997, a box set named Bonfire was released. It contained four albums; a remastered version of Back in Black; Volts (a disc with alternate takes, outtakes, and stray live cuts) and two live albums, Live from the Atlantic Studios and Let There Be Rock: The Movie. Live from the Atlantic Studios was recorded in 1978 at the Atlantic Studios in New York. Let There Be Rock: The Movie was a double album recorded in 1979 at The Pavillon in Paris, and was the soundtrack of a motion picture, AC/DC: Let There Be Rock. The US version of the box set included a color booklet, a two-sided poster, a sticker, a temporary tattoo, a key chain bottle opener, and a guitar pick.

Recent events (2000–present)

In 2000, the band released their sixteenth studio album, "Stiff Upper Lip", produced by George Young. The album was better received by critics than Ballbreaker, but was considered lacking in new ideas. The Australian release included a bonus disc with three promotional videos and several live performances recorded in Madrid in 1996. Stiff Upper Lip reached #1 in five countries, including Argentina and Germany; #2 in three countries, Spain, France and Switzerland; #3 in Australia; #5 in Canada and Portugal; and #7 in Norway, the US and Hungary. The first single, "Stiff Upper Lip", remained at #1 on the US Mainstream Rock charts for four weeks. The other singles released also did very well; "Safe in New York City" and "Satellite Blues" reached #31 and #7 on Billboard's Mainstream Rock Tracks, respectively.

In 2002, AC/DC signed a long-term, multi-album deal with Sony Music, who went on to release a series of remastered albums as part of their AC/DC remasters series. Each release contained an expanded booklet, featuring rare photographs, memorabilia, and notes. In 2003, the entire back-catalogue (except Ballbreaker and Stiff Upper Lip) was remastered and re-released. Ballbreaker was eventually re-released in October 2005; Stiff Upper Lip was later rereleased in April 2007.

In May 2003, Malcolm Young accepted a Ted Albert Award for Outstanding Service to Australian Music at the 2003 Music Winners Awards, during which he paid special tribute to Bon Scott. In the same year, the Recording Industry Association of America upgraded the group's US sales figures from 46.5 million to 63 million, making AC/DC the fifth-best-selling band in US history, behind only The Beatles, Led Zeppelin, Pink Floyd, and the Eagles. The RIAA also certified the Back in Black album as double diamond (twenty million) in US sales, making it the sixth-best-selling US album of all time; by 2005 the album had sold 22 million copies, which moved it into fifth place. On July 30 the band performed with The Rolling Stones and Rush at Molson Canadian Rocks for Toronto. The concert, held before an audience of half a million, was intended to help the city overcome the effects of the 2003 Severe acute respiratory syndrome epidemic. The concert holds the record for the largest paid music event in North American history.

On October 1, 2004, a central Melbourne thoroughfare, Corporation Lane, was renamed in honour of the band. However, the City of Melbourne forbade the use of the slash character in street names, so the four letters were combined. The lane is near Swanston Street where, on the back of a truck, the band recorded their video for the 1975 hit "It's a Long Way to the Top (If You Wanna Rock 'n' Roll)". Additionally, a street in Leganés, Spain was named "Calle de AC/DC" on March 2, 2000. The band came second in a list of Australia's highest earning entertainers for 2005, and sixth for 2006, despite having neither toured since 2003 nor released an album since 2000. Verizon Wireless has gained the rights to release AC/DC's full albums and the entire Live at Donington concert to download in 2008.