In the late '90s and early '00s, Limp Bizkit was a force to be reckoned with in the nu-metal arena.

But the '90s are long gone, and Fred Durst says it's time everyone moved on — if they haven't already.

Speaking candidly with the rock music magazine Kerrang!, the singer said that, despite recently signing with Lil Wayne's Cash Money label, the Bizkit is, for all intents and purposes, done:

[S]ay in 2000, there were 35 million people who connected to this band. Twelve years later, lots of those people have moved on. We were a moment in time and it's over.

But that doesn't mean Durst is giving up on the band wholesale — just that you're unlikely to catch a Bizkit show in the States anytime soon:

We've boycotted America for many years now...The reason? We just don't know what's going on in America. It's all about the new catchy thing and that's always changing. America is driven by record sales. It's the home of corporations. We're just Limp Bizkit, so we don't know how to do anything but Limp Bizkit.

UPDATE: Call off the parade: Limp Bizkit guitarist Wes Borland slammed the Kerrang! article as "insane," and insisted the band has not broken up. "Thanks for your concerns," Borland tweeted, "but we're all good over here."

[H/T: NME, photo via Getty]