According to the New York Times, R.E.M., one of my favorite rock bands, has decided to break up after a 31 year run:

R.E.M., the underground band from Athens, Ga., that helped invent the alternative-rock sound of the 1980s, said on Wednesday that its members were splitting up after 31 years of making music together.

via The End of R.E.M., and They Feel Fine – NYTimes.com.

More from the band on their official website here.