The news didn’t surprise many as it’s been four years since the band last released an album and most members have gone on to work with other groups.

“Since Geffen Records closed during the promotion of our last record, there have been a lot of distractions,” Love said. “Universal’s lawsuit against us made it impossible for us to find a new record company despite overwhelming interest from other labels. After three years of waiting, Eric and I have decided to put Hole to rest.”

“We’re incredibly proud of the music we’ve made together, but it seems like time for both of us to move on,” Erlandson said.

Hole’s music career spanned more than 10 years, with Love and Erlandson serving as the founding and only consistent band members. Others that came and went through the band’s revolving door were musicians like Patty Schemel, Kristin Pfaff, Melissa Auf der Maur, Samantha Maloney, Jill Emery, and Caroline Rue.

Love is currently writing and recording a new album with Patty Schemel and Linda Perry, which is planned for release early next year.

Love and Erlandson will work together on any future Hole catalog releases and they have plans to actively promote the band’s song catalog.