Blake Lively, Leonardo DiCaprio Break Up

10/04/2011 at 12:45 PM EDT

Blake Lively, Leonardo DiCaprio Break Up
Blake Lively and Leonardo DiCaprio
INF
Their summer romance is over.

Blake Lively and Leonardo DiCaprio, linked since May at the Cannes Film Festival, are no longer dating, a source close to DiCaprio tells PEOPLE.

"It's amicable. They're friends," the source says, adding that distance and DiCaprio's work commitments contributed to the breakup.

First spotted together hugging on a yacht on the French Riviera, the pair also clocked time together at a Sydney, Australia, zoo, on bikes in New York City and on vacation in Italy over the summer.





Over the weekend, Lively, 24, was spotted in Boston with Ryan Reynolds, according to a report in the Boston Herald. The Gossip Girl star was reportedly spotted on the Acela train and, later, having dinner together at sushi restaurant, O Ya.

DiCaprio, 36, will next appear in J. Edgar, due out in November.

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