REO Speedwagon Bids Farewell After 57 Legendary Years

One of the most iconic rock bands in American history, REO Speedwagon, has bid farewell to its fans after an astonishing 57 years of electrifying performances.

The band, whose journey began in 1967, played their final show on a bittersweet Saturday night in Las Vegas, leaving their devoted fans with a legacy unmatched in the annals of rock music.

In this article, we delve into the rich history of REO Speedwagon, the circumstances surrounding their decision to disband, and the heartfelt emotions that marked their farewell performance.

Let’s get started!

The Origins of a Legend

The story of REO Speedwagon began in 1967 at the University of Illinois at Urbana-Champaign. Alan Gratzer and Neal Doughty, both students at the time, formed the band, naming it after the REO Speed Wagon, a flatbed truck model that symbolized the industrious spirit of America.

Their lineup solidified in the early years with the addition of key members, including guitarist Gary Richrath, who joined in 1970, and vocalist Kevin Cronin, who would become the band’s iconic frontman. Over time, REO Speedwagon grew from playing local gigs to becoming a household name in the rock world.

Meteoric Rise to Fame

REO Speedwagon’s climb to stardom was marked by perseverance and musical evolution. Their 1971 debut album, R.E.O. Speedwagon, established their potential, but it wasn’t until the release of Riding the Storm Out in 1973 that they began to capture national attention.

Despite challenges, including Cronin temporarily leaving the band, they persevered.

The band’s commercial breakthrough came in the late 1970s and early 1980s. Their album Hi Infidelity (1980) was a cultural phenomenon, featuring chart-topping singles like “Keep On Loving You” and “Take It on the Run.” The album sold over 10 million copies, cementing their place as rock royalty.

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A Legacy Built on Perseverance

Over five decades, REO Speedwagon weathered numerous challenges, including lineup changes, personal conflicts, and the evolving music industry. Despite these hurdles, they remained true to their identity, producing hits that resonated with fans across generations.

Their ability to adapt while staying authentic is a testament to their artistry. Songs like “Time for Me to Fly,” “Can’t Fight This Feeling,” and “Roll with the Changes” became anthems of resilience and hope.

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The Decision to Disband

In September 2024, REO Speedwagon made the heartbreaking announcement that they would cease touring after January 1, 2025. The decision was attributed to “irreconcilable differences,” a term that often leaves fans speculating.

While the specifics remain undisclosed, the band’s statement emphasized gratitude to their loyal fans. “It is with great sadness that we announce REO Speedwagon will cease touring effective January 1, 2025,” the statement read.

A Night to Remember

REO Speedwagon’s farewell performance at the Venetian Theater in Las Vegas was an emotional culmination of their storied career. Kevin Cronin, the band’s charismatic frontman, addressed the crowd with heartfelt reflections on their journey.

“My chance meeting with Gary Richrath back in 1972 took me from the clubs of the folk scene in Chicago to the greatest venues in the world,” Cronin said, reminiscing about their performances at legendary locations like Madison Square Garden and Red Rocks.

He also paid tribute to his late bandmate Gary Richrath, who passed away in 2015, describing him as a “close partner in crime, in art, in everything.”

Key Milestones in REO Speedwagon’s Career

Tributes and Reflections

The final performance was also a moment for the band to reflect on their incredible journey. Cronin extended his gratitude to the original members, Alan Gratzer and Neal Doughty, and others who contributed to the band’s success over the years.

Fans took to social media to express their emotions, sharing memories of concerts and the impact REO Speedwagon’s music had on their lives. The outpouring of love underscored the profound connection between the band and their audience.

FAQ section

What Does REO in Speedwagon Stand For?

The “REO” in REO Speedwagon stands for Ransom Eli Olds, the founder of the Olds Motor Vehicle Company, which later became REO Motor Car Company. The name was inspired by the REO Speed Wagon, a flatbed truck produced by the company in the early 20th century.

The band adopted the name to reflect a sense of innovation and classic American spirit, much like the vehicle it was named after.

How Much Does REO Speedwagon Get Paid for a Concert?

The pay for an REO Speedwagon concert can vary significantly depending on the venue, ticket sales, and the event’s scale. On average, the band earns between $150,000 and $300,000 per show, though this figure can be higher for major events or festivals.

During their peak touring years, the band’s earnings were even more substantial, reflecting their immense popularity and the demand for their live performances.

How Many Original Members of REO Speedwagon Are Still Alive?

As of now, two founding members of REO Speedwagon are still alive:

1. Neal Doughty – The band’s original keyboardist, who was instrumental in its formation and remained a vital part of their sound throughout their career.
2. Alan Gratzer – The original drummer, who played a key role in the band’s early success. While he retired from active touring, his contributions remain a cornerstone of their legacy.

Several other members, including Gary Richrath (guitarist) and Gregg Philbin (bassist), have passed away, leaving an indelible mark on the band’s history.

How Did Speedwagon Become So Rich?

REO Speedwagon’s wealth stems from a combination of their record-breaking album sales, successful tours, and enduring popularity. Here’s a breakdown of how they accumulated their wealth:

1. Album Sales:
   The band’s album Hi Infidelity (1980) was a massive commercial success, selling over 10 million copies in the U.S. alone. With chart-topping hits like “Keep On Loving You” and “Take It on the Run,” the album solidified their status as rock legends.
2. Touring:
   Known for their energetic live performances, REO Speedwagon became a touring powerhouse. They performed at iconic venues such as Madison Square Garden and Red Rocks, drawing massive crowds and generating substantial revenue from ticket sales and merchandise.
3. Royalties:
   Their timeless hits continue to generate royalties through streaming platforms, radio airplay, and licensing for commercials, movies, and TV shows.
4. Diversified Income:
   Over the years, the band capitalized on their brand by releasing live albums, anniversary editions, and exclusive merchandise.
5. Loyal Fan Base:
   Their dedicated fan base ensured that REO Speedwagon remained relevant, even as musical trends evolved. Their ability to connect with fans across generations translated into consistent financial success.

REO Speedwagon’s smart business decisions, combined with their musical talent, helped them build an enduring legacy and substantial wealth.

Conclusion

• REO Speedwagon’s farewell marks the end of an era in rock music. Their legacy, however, will endure through their timeless songs, which continue to inspire and uplift listeners worldwide.
• As they take their final bow, REO Speedwagon leaves behind a treasure trove of memories and a reminder of the power of music to bring people together.
• Their journey, marked by resilience and passion, serves as an enduring inspiration for artists and fans alike.

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