By Brandi Fowler
Updated Sep 26, 2016 @ 7:45 pm
Liev Schreiber & Naomi Watts Hamptons Home - LEAD
Credit: Dan MacMedan/WireImage

Just call this the season of the split.

On the heels of Angelina Jolie and Brad Pitt's shocking break-up, longtime couple Naomi Watts and Liev Schreiber announced that they too have decided to end their relationship, after 11 years together.

"Over the past few months we've come to the conclusion that the best way forward for us as a family is to separate as a couple," Schreiber and Watts said in a joint statement to People.

"It is with great love, respect, and friendship in our hearts that we look forward to raising our children together and exploring this new phase of our relationship," the statement continued. "While we appreciate your curiosity and support, we ask the press to be mindful of our children and respect their right to privacy."

Watts and Schreiber, who met in 2005 at the famed Met Gala, are parents to Alexander (Sasha) Pete Schreiber, 8, and Samuel Kai Schreiber, 7.

During their time together, the fashionable pair has given us plenty of unforgettable red carpet moments, and weren't shy about gushing over each other on social media. Take a look back at some of their sweetest Instagram snaps.