Bedevilled by numerous personnel changes throughout its first decade, Fairport Convention was temporarily disbanded in 1979 but played annual reunion concerts until it reformed in 1985. Since then, it has enjoyed stability and continues to tour and record regularly.
In part, the continuing success of Fairport Convention is due to the annual music festival it organises. Cropredy Festival has been held every year since 1974 near Cropredy, a village five miles north of Banbury, Oxfordshire and attracts 20,000 fans.
In 2002 the band was given a Lifetime Achievement Award at the BBC Radio 2 Folk Awards.