Exclusive Audio: R.E.M. on Earliest Influences

Before tonight's induction into the Rock & Roll Hall of Fame, R.E.M.'s Michael Stipe, Mike Mills and Peter Buck joined us in our offices to reminisce about the past, talk about influences and give us some insight into the band's future. We felt bad we couldn't fit all of you in the room, so we're doing the next best thing and sharing a handful of audio highlights from the interview:

Michael Stipe talks about how he feels about The Beatles.

On the band's love of Velvet Underground and Patti Smith.

Michael Stipe admitting the lyrics on the first two albums were "nonsense."

Find out the band's favorite new music and what Michael Stipe thinks is "best record of the last seven years."

On being chosen as Rolling Stone's Album of the Year in 1983, over Michael Jackson's Thriller.

Can't get enough R.E.M.? Check out what the band thinks about key albums from their extensive discography. And be sure to catch them tonight on VH1 Classic at 8:30 P.M. as Eddie Vedder inducts the boys from Athens, Georgia, into The House That Rock Built.