Video footage of AEROSMITH guitarist Joe Perry and vocalist Steven Tyler confirming to a TMZ.com cameraman last night (Tuesday, November 10) in New York City that "there is absolutely no validity to rumor that AEROSMITH is breaking up" can be viewed below.

Tyler joined THE JOE PERRY PROJECT — the band led by Perry — on stage yesterday at the Fillmore New York at Irving Plaza in New York City to perform the AEROSMITH classic "Walk This Way". "I just want New York to know, I am not leaving AEROSMITH," Tyler said to a relieved crowd. "Joe Perry, you are a man of many colors. But I, motherfucker, am the rainbow!"

Perry told the Las Vegas Sun on Friday (November 6) that Tyler has quit the band he co-founded nearly 40 years ago, following a recent concert in Abu Dhabi. Perry revealed to the newspaper, "Steven quit as far as I can tell. I don't know any more than you do about it. I got off the plane two nights ago. I saw online that Steven said that he was going to leave the band. I don't know for how long, indefinitely or whatever. Other than that, I don't know."

Tyler told Classic Rock magazine following the Middle East concert that he intended to work on "Brand Tyler" instead of a new AEROSMITH record for the foreseeable future, saying, "I don't know what I'm doing yet, but it's definitely going to be something Steven Tyler: working on the brand of myself — Brand Tyler."

Perry told the Sun that Tyler "has had no contact" with him or the other band members. Classic Rock reported that Tyler's dressing room at the Abu Dhabi gig was distant from the others, and that he did not interact with the rest of the group until they got onstage.

Perry said that he would like AEROSMITH to continue, but admitted that he's not entirely sure how to proceed. He explained, "As far as replacing Steve, it's not just about that, it's also four guys that play extremely well together, and I'm not going to see that go to waste. I really don't know what path it's going to take at this point, but we'll probably find somebody else that will sing in those spots where we need a singer and then we'll be able to . . . move the vibe up a notch."

Perry told the Sun that he believed Tyler had been planning to leave for a while, saying, "Obviously he hasn't been giving 100 percent to this thing for a long time . . . To disregard his brothers to the point where we have to find out about it on the Internet — it's like, 'See you later, Bud.' I still care for him as a person, or at least the person I used to know. But things change."