Live performance hasn't gone away. I live outside a village (in Ireland) with around 1000 residents and there's live music in one or other of the pubs 4 nights (or more) a week
But that's just it, Irish trad. Frenchies have something similar with balfolk, but not so epic, and while there are other strong European folk scenes, none of them is on the scale of Irish trad. Alas.
Source: I play jigs and reels for fun.
(... for anyone who's curious - "trad" usually means traditional dance music like jigs and reels, "ballads" mostly means Irish-y sounding songs sung in English)