RHCP disband!

NME.com is reporting that the band has decided to take a break for at least a year due to an exhaustive schedule, more family time as well as side projects from John Frusciante and Flea.

Anthony Kiedis told Rolling Stone that at the end of their Stadium Arcadium tour, they all thought:

'Let's not do anything Red Hot Chili Peppers-related for a minimum of one year, and just live and breathe and eat and learn new things.

He added: "I'm just home, hanging out with this really cool little kid, learning how to surf. But I'm starting to get just a little bit of a tingle that it would be nice to start thinking about songs and pieces of music. But just pieces.'

There is no formal announcement on the Chili Peppers website.

Rest well sirs.

Video: "By the Way" (courtesy of Warner Bros. Records)