Quashing rumors of their demise, or of Dave Grohl starting a solo career, Foo Fighters made their anticipated announcement in the form of a video and a very funny one at that.

The clip starts with a montage of headlines about breakup rumors and the possibility of Grohl going solo. Then we see Grohl. He says that “seeing as how that Academy Awards thing went so well” he got to thinking that maybe it’s time for him to do his own thing.

He’s speaking to producer Butch Vig, who eggs him on, telling him how great he was and how he should take the momentum and run with it. “Nothing against those other guys, I love those guys and they love me,” says Grohl. “I’m holding them back. I’m setting them free. It’s a win-win situation.”

After Vig lays out a totally fresh, new style for Grohl, electronica played without instruments, just a touch of a keyboard, Grohl calls the other band members to tell them the news. Chris Shiflett, Nate Mendel, Taylor Hawkins and Pat Smear react with a mixture of anger and disbelief. “He’s gone Hollywood,” says Smear. And then he adds, “Let’s make Foo Fighters great again.”

Next, we see scenes of Grohl and Vig working on his new style in the studio interspersed with the other guys kicking around names of possible singers, including Sammy Hagar, Gwen Stefani, Billy Corgan, Chris Cornell, Eddie Vedder, Phil Collins (“the drummer who comes out front, bigger than ever”) Prince, Liam Gallagher and even Justin Bieber and Diplo. Finally, we cut to the band and their new vocalist, Nick Lachey, singing “Everlong.”

Then, on a black background come these words, “For the millionth time, we’re not breaking up and nobody’s going [expletive] solo.,” followed by the Foo Fighters logo. The video ends with Grohl at a keyboard singing “I ain’t no phony. Phony baloney. Got to give me the baloney…”

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