I understand why the bands do what they do and I agree with you, to a point. But if the bands are actually recording new music, they would gain more sales and perhaps more long-term viability by actually playing the new music. Otherwise why record anything new at all?
I remember when Yes recorded FFH, they played about 2/3 of the album live. Good for them. The hardcore fans got something new and they were doing brisk business at the merch tables. When they only play 2 songs from Quest, is there similar interest in the new music? I would guess not.
I'm impressed with bands like Caravan who still play a lot of "new stuff" along with selected classics. Throughout the 2010's they were doing 5-6 songs off Paradise Filter. How many extra copies of PF did they sell by doing that? Who knows? But for someone like me it makes me feel a band is more vital and worthy if they have solid new material to offer. I go home with more satisfaction after a show with new material.
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