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Jennifer Lopez and Marc Anthony split after 7 years!

Posted: 15 Jul 2011 06:46 PM PDT

It's Over! The romance between singer/actress Jennifer Lopez and her singer, husband Marc Anthony have fallen out of tune and now they decided called it quits.

Ending their seven-year marriage, the ex-couple released a joint statement about their split.

"We have decided to end our marriage. This was a very difficult decision. We have come to an amicable conclusion on all matters."

"It is a painful time for all involved and we appreciate the respect of our privacy at this time."

The 41 year-old American Idol judge and Anthony tied the knot in 2004 and have 3-year-old twins, Max and Emme.

Jennifer Lopez is gunning for her third divorce -- Cuban-born Ojani Noa (wed February 22, 1997) and former backup dancer Cris Judd (wed September 29, 2001).

For the 42 year-old 'HawthoRNe' actor, this will be his second divorce. He was married to Miss Universe Dayanara Torres on May 9, 2000. They have two sons, Cristian Marcus Muñiz and Ryan Adrian Muñiz.