The band posted the following Myspace blog:

"This could be the most difficult piece of news we have ever had to post. Sadly, Phantom Planet will be playing our last show, December 12, at the Troubadour in Los Angeles, the same venue that we played our very first live all ages gig, back in 1994. We have had an amazing time playing together for 15 years, but we have officially decided to go on hiatus, and will not be playing any more live shows or making any new records, indefinitely. There is so much more to write, but at this time, we just want to say thank you, to everyone, for their support, friendship, inspiration, attendance, and love.

-alex, darren, jeff and sam."