Looks like Katy Perry and Orlando Bloom have called it quits!

Let's not pretend that their joint statement, saying they are taking a "respectful, loving space" from their relationship isn't the same thing as Gwyneth Paltrow calling divorce "conscious uncoupling."

"Before rumors or falsifications get out of hand, we can confirm that Orlando and Katy are taking respectful, loving space at this time," a statement from both their reps reads.

The two posed for a single photo together at an Oscars after-party and when we spotted Katy at the Vanity Fair bash, waiting for her car, Orly was nowhere to be seen.

The pair have been dating for just over a year -- and it's been a busy year. As of late, Orlando traveled to Africa for UNICEF and Katy's been promoting her new single "Chained to the Rhythm."

At one point Katy and Orlando apparently discussed getting engaged and thought about marriage and children. Bloom, of course, has son Flynn with ex-wife Miranda Kerr.

Well, Katy can be "chained" to her work and not to Orlando now!