New York post-hardcore quartet Gay For Johnny Depp have announced that they are to disband.
The band cite the global recession as one of the reasons behind the decision.
"Due to the financial meltdown in Italy and the devaluation of the Euro in contrast to the U.S. Dollar the Gay for Johnny Depp band have decided to call it quits," reads a not entirely serious statement from the band. "We extend a hearty and worthy hand to our fellow colleagues and wish everyone all the best in whatever future endeavours they may have in store for them. Until the next life, stay beautiful."
The band have also filmed a video statement but we were too chicken to watch it, what with their live reputation and all.