I don't think that FM can exist without Stevie. I love them and would buy the new album without Stevie, but that is just me as a longtime fan.
Nowadays bands/artists make the biggest money from touring. I doubt that any promoter would view the 4 remaining bandmembers as bookable for a world tour. It's like the Rolling Stones without Mick Jagger or Led Zeppelin without Robert Plant. It's just not happening.
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