Remember that time we told you about Harry Styles possibly parting ways with the much-loved Modest! Management?

Well it was all true, as the company themselves have now released a statement confirming such rumours.

Yep, after five years of being at the helm of One Direction's career, Harry has in fact signed a deal with BFF Jeff Azoff over at CAA.

"We wish Harry the very best. It has been a real pleasure working with him…Harry is a total gentleman, and we know our good friend Jeffrey Azoff will look after him," Harry Magee and Richard Griffiths told Billboard mag.

Adding: "We look forward to sharing some great wine with them next time we are in LA."

We've got no idea how the fans will feel about this. Not a single clue.