Legacy
The Band was inducted into the Canadian Music Hall of Fame in 1989 and the Rock and Roll Hall of Fame in 1994. In 2004, Rolling Stone ranked them 50th on its list of the "100 Greatest Artists of All Time", and ranked "The Weight" 41st on its list of the "500 Greatest Songs of All Time". In 2008, the group received the Grammy Lifetime Achievement Award and in 2014, they were inducted into Canada's Walk of Fame.
The Band "ushered in the roots-rock of the '70s, embodying Americana in a way that no one else has approached," according to Mark Deming of AllMusic. He further explained:
Their work reflected the influences of country, blues, folk, and other forms of American roots music in a way that was fresh, organic, and innovative, and showed a creative maturity that was a revelation in the psychedelic era.
Music critic Bruce Eder said that the Band as "one of the most popular and influential rock groups in the world, their music embraced by critics... as seriously as the music of the Beatles and the Rolling Stones."
The Band has influenced numerous bands, songwriters and performers, including the Grateful Dead, Eric Clapton, George Harrison, Crosby, Stills, Nash & Young, Led Zeppelin, Elvis Costello, Elton John, Phish, and Pink Floyd. The album Music from Big Pink, in particular, is credited with contributing to Clapton's decision to leave the supergroup Cream. In his introduction of the Band during the Bob Dylan 30th Anniversary Concert, Clapton announced that in 1968 he had heard the album, "and it changed my life." The band Nazareth took their name from a line in "The Weight". Guitarist Richard Thompson has acknowledged the album's influence on Fairport Convention's Liege and Lief, and journalist John Harris has asserted that the Band's debut also influenced the spirit of the Beatles' back-to-basics album Let It Be as well as the Rolling Stones' string of roots-infused albums that began with Beggars Banquet. George Harrison said that his song "All Things Must Pass" was heavily influenced by the Band and that, while writing the song, he imagined Levon Helm singing it. Meanwhile, "The Weight" has been covered numerous times, and in various musical styles. In a 1969 interview, Robbie Robertson remarked on the group's influence:
We certainly didn't want everybody to go out and get a banjo and a fiddle player. We were trying to calm things down a bit though. What we're going to do now is go to Muscle Shoals, Alabama, and record four sides, four psychedelic songs. Total freak-me songs. Just to show that we have no hard feelings. Just pretty good rock and roll.
In the 1990s, a new generation of bands influenced by the Band began to gain popularity, including Counting Crows, the Wallflowers, and the Black Crowes. Counting Crows indicated this influence with their tribute to the late Richard Manuel, "If I Could Give All My Love (Richard Manuel Is Dead)", from their album Hard Candy. The Black Crowes frequently cover songs by the Band during live performances, such as "The Night They Drove Old Dixie Down", which appears on their DVD/CD Freak 'n' Roll into the Fog. They have also recorded at Helm's studio in Woodstock.
The Hold Steady was formed after members Craig Finn and Tad Kubler watched The Last Waltz. Rick Danko and Robbie Robertson are name-checked in the lyrics of "The Swish" from the Hold Steady's 2004 debut album Almost Killed Me. Also that year, southern rock-revivalists Drive-By Truckers released the Jason Isbell penned track "Danko/Manuel" on the album The Dirty South.
The Band also inspired Grace Potter, of Grace Potter and the Nocturnals, to form the band in 2002. In an interview with the Montreal Gazette, Potter said:
The Band blew my mind. I thought if this is what Matt [Burr] meant when he said "Let's start a rock 'n' roll band,"... that was the kind of rock 'n' roll band I could believe in.
A tribute album, entitled Endless Highway: The Music of The Band, released in January 2007, included contributions from My Morning Jacket, Death Cab for Cutie, Gomez, Guster, Bruce Hornsby, Jack Johnson and ALO, Lee Ann Womack, the Allman Brothers Band, Blues Traveler, Jakob Dylan, Rosanne Cash, and others.
Members of Wilco, Clap Your Hands Say Yeah, the Shins, Dr Dog, Yellowbirds, Ween, Furthur, and other bands staged The Complete Last Waltz in 2012 and 2013. Their performances included all 41 songs from the original 1976 concert in sequence, even those edited out of the film. Musical director Sam Cohen of Yellowbirds claims "the movie is pretty ingrained in me. I've watched it probably 100 times."
An incarnation of the Band's legacy, the Weight Band, originated inside the barn of Levon Helm in 2012 when Jim Weider and Randy Ciarlante, both former members of the Band were performing "Songs of the Band" with Garth Hudson, Jimmy Vivino and Byron Isaacs. In July 2017, PBS's Infinity Hall Live program began airing a televised performance by The Weight Band, featuring Band covers and new music by the band. Every year on the Wednesday before and the Friday after Thanksgiving, Dayton, Ohio NPR affiliate WYSO and The Dayton Art Institute host a tribute to The Last Waltz. Frequently selling out, the show features more than 30 local musicians. A similar event takes place annually in Madison, Wisconsin, on the Saturday night after Thanksgiving.
The Band are the subjects of the 2019 documentary film Once Were Brothers: Robbie Robertson and The Band, which premiered at the 2019 Toronto International Film Festival. The Band is the subject of an extensive historical podcast, The Band: A History, currently covering the entire history of the group.