This is the title track of Dawes' fourth album. Frontman Taylor Goldsmith explained the inspiration for the record's name. "The main line of the title track is 'And may all your favorite bands stay together.' I know that my favorite bands are a really deep part of who I am," he said. "They help define me, they help represent me, they trigger certain emotional memories, and they stand for the ideals and lifestyle that I will always hope to achieve. And I don't mean rock and roll fantasies, but rather concepts like freedom and enlightenment."
"I would love for someone wishing me well to put it in the terms of 'may all your favorite bands stay together.' That would be a real friend," Goldsmith continued. "That person would know what truly matters. To me, the statement of 'All Your Favorite Bands' immediately gets down to a highly personal and singular part of anybody in a way that few other concepts can. So that's why we named our record after that song."
American Songwriter magazine named this as their Song of the Year for 2015. They said:
"This isn't just a song. It's a graduation speech. It's a toast at last call. It's the closing credits of a coming-of-age flick. It's the soundtrack to catching up with old friends over Facebook. It's an end-of-summer anthem. It's a compendium of yearbook quotes. It's a collaboration between Dawes and Jonny Fritz that balances the heart-on-sleeve sincerity of the former with the tongue-in-cheek humor of the latter.
It's the best the band has sounded, possibly the best they ever will sound. It's stray memories and wild nights, El Caminos and 'Let's Party' hats, 'late-night drives and hot French fries.' It's an early-morning reverie, a wide-eyed and big-hearted ode to close friends grown far apart. It's the song of the year."