As...roughed up and diluted as the QR name is, particularly with Tate out there, and now the Rockenfield drama, the Queensryche brand is still a valuable one. It DOES matter. That's why Tate and EJ/MW/SR fought for it in the first place and settled with Tate to buy him out of his share of it. Promoters will pay for "Queensryche." They weren't going to pay for "Rising West."
This whole situation is probably a lot deeper than most people know. There's always some underlying issue, often dealing with money. I'd be speaking out of turn if I took some educated guesses on where this supposed "rift" is between Todd and Scott, or Scott and Queensryche. I do have some ideas. But I tend to look at changes, both artistic and financially. If you sniff around for long enough and connect the dots, you'll often find the bone of contention.
Simply put, what Scott seems to be trying to do (either having a QR of his own, or whatever his endgame is) is...ridiculous. Equally ridiculous is the singer taking a shot in response to him on social media. Pick up the damn phone and act like adults. Obviously, there are issues. Hash them out. Find a resolution in private, no matter how deep the issues are. But apparently they are unwilling or unable to do that.
In the end, the "legacy" (what's left of it) is damaged by whatever it is that is going on. Although I highly doubt DeGarmo is laughing as was suggested by someone above (more like thanking his lucky stars he bailed a long time ago and sold off his publishing), I'm sure Tate's chomping on some popcorn, as the longer this continues, it will likely drive more people to see him perform if QR and Scott end up competing under similar brand names. After all, Tate is performing Empire in-full (beating QR to the punch), Rage in-full (beating QR to the punch - its the 35th anniversary of that record now) and of course, his exclusive right to perform Mindcrime in its entirety. This stuff sells tickets. promoters pay more to the artist because of it. Nostalgia is a HUGE market, and Tate is in the pole position when it comes to Queensryche music. And Scott's actions are going to make it even better for Tate.
What a cluster fuck.
*edited to fix release anniversary of RFO.