Right off of In The Blue (which is now the official site):

6/08/01 - Regretfully, it is my duty to inform you all that Sunny Day Real
Estate has split and gone their seperate ways. As a friend, I have promised
not to quote any of the band members themselves, but I can tell you some of
the major factors, as well as what may come next. The band was met with a
string of bad luck, including troubles with management companies. Another
major blow came to the band when Arista dropped Time Bomb Recordings, making
the European tour and advertising for a new album near impossible. As
frustrations built, progress on the new album became stagnant at times. Not
wanting to build personal tensions, the band decided to split up
indefinitely.

As for the future, Dan Hoerner has at least 2 albums worth of material meant
for Sunny Day which he intends to pick up on with a new band. Jeremy will
most likely begin work on a second solo album, while Will may already have a
new band lined up.

In the coming days, look to this website to serve as official rumor control,
especially in the messageboards I predict.

Keep in mind that this is typical Sunny Day fashion, I wouldn't count them
out forever (wink wink nudge nudge), but for now, lets enjoy all the music
they've given us and wish them luck on their future endeavors.

--

Very very sad.  True, they may come back together someday, but it's too bad.
Despite what many others seem to think, I really liked The Rising Tide, and
I was looking forward to seeing where they'd go next.  At least I got to see
them (twice) this time around.

-Brian

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