The Waterboys formed in 1983 by Mike Scott. The band's membership, past and present, has been composed mainly of musicians from Scotland, Ireland and England. Edinburgh, London, Dublin, Spiddal, New York, and Findhorn have all served as homes for the group. The band has played in a number of different styles, but their music is a mix of Celtic folk music with rock and roll. After ten years of recording and touring, they dissolved in 1993 and Scott pursued a solo career. They reformed in 2000, and continue to release albums and tour worldwide.

The early Waterboys sound was dubbed "The Big Music" after a song on their second album, A Pagan Place. This musical style was described by Scott as "a metaphor for seeing God's signature in the world." It either influenced or was used to describe a number of other bands, including Simple Minds, The Alarm, Big Country, the Hothouse Flowers and World Party, the last of which was made up of former Waterboys members. In the late 1980s the band became significantly more folk influenced. The Waterboys eventually returned to rock and roll, and have released both rock and folk albums since reforming. Their songs, largely written by Scott, often contain literary references and are frequently concerned with spirituality. Both the group and its members' solo careers have received much praise from both rock and folk music critics, but The Waterboys as a band has never received the commercial success that some of its members have had independently.