R.E.M. Announced Breaking Up, But Will be Releasing a New Album:" Part Lies, Part Heart, Part Truth, Part Garbage"

R.E.M. in Belgium 2008, Wikepedia

R.E.M. announced this week that they were breaking up.  The group
has been together since 1980 and released their first single, Radio Free Europe  in 1981.  Michael Stipe and Peter Buck had met in Athens, Georgia when they worked at a record company together.
The group is one of the most successful Indie Rock groups of all time. In 2007 they were inducted into the Rock and Roll Hall of Fame.  It has been reported that the group will be releasing an album  , Part Lies, Part Heart, Part Truth, Part Garbage.  It will feature their greatest hits from 1982-2011.  It is expected to be released in November 2011.