For the band and their fans, this honor was a long time coming:
For The Moody Blues, the honor comes after years of fans harping that the group deserved recognition. The band became eligible for the honor in 1989, and "in 2013, a Rolling Stone reader poll listed the Moody Blues as one of the top 10 bands that need to be inducted into the Rock and Roll Hall of Fame," according to the organization.
If you want to seem them live, they'll be performing at the Smart Financial Centre in Sugar Land in mid-January. Rolling Stone's interview with frontman Justin Hayward about the honor is worth reading, too.