Source: Game Players PC Entertainment 6.3 (May/June 1993)
Scan source: RetroMags

Source: Game Players PC Entertainment 6.3 (May/June 1993)
Scan source: RetroMags
maybe don't use flipperZero to do massive, egregious things so they get declared illegal to possess by regulators who don't know much, thanks?
Speculation is that original intent was controlling people's inserted, bluetooth vibrators they may or may not have been bringing. Which, uh. Makes it clear these folks don't think about consent either.
this is incredibly fucked up. this is not cute or funny or anything short of reckless and belligerent behavior. you are not cool for doing this, you are an asshole and I hope your ass gets banned.
I'll never shut up about this disaster. I really wanted to watch this movie!! this is like an art crime that they had perfectly good historical footage of one of the most popular bands in the world on film (I'm assuming here admittedly) and this is what they did to it, made everyone look like uncanny partially melted wax figures.
To respond to your tags specifically, the worst reality is also the most likely - that they did scan the original film elements at a high resolution because it's Disney and Disney has the money, equipment, and specialists for that, so somewhere on some corporate archival hard drive that will never see the light of day are pristine transfers of that footage.
But Peter Jackson has "film grain shouldn't exist" brainworms. And you can almost kind of get away with denoising out all the film grain if you're dealing with 70mm or 35mm footage - it'll look worse, but not like totally unwatchable (see: the recent 4K of Planes, Trains, and Automobiles that was way too denoised, it looks soft and a little smeary at points but it's honestly just Fine most of the time, though kind of defeats the point of its own existence on 4K since it's not particularly any sharper than the 1080p presentation) - but the footage here was 16mm, which is much grainier than the kind of film stock used for cinematic work. But Jackson let his brainworms get the better of him and still had his team smooth it all out, even if it meant taking what were probably crisp 1080/4K transfers and making them look like 480p DVD transfers from 2001. I don't think this was upscaled. I doubt Topaz AI ever touched this. This is all denoising, dialed up to 11. They took high quality source materials, and they destroyed them. On purpose.
The worst part about all of this is Peter Jackson and other people like him who despise film grain (for some reason?) probably genuinely think this looks better than the alternative, and because he was in control of the project we'll likely never get to see the untampered transfers unless some Snyder Cut-tier movement demands it for long enough, which won't happen.