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They are no longer part of “Panic! at the Disco,” but they are back.

The band’s former guitarist, Ryan Ross, and bassist, Jon Walker, left Panic! in July 2009, and now we all know why: they had different musical goals in mind.

The two guys are currently finalizing a record deal for the summer release of Take a Vacation, their debut record as the “Young Veins”, reports Spin Magazine. The new sound is anything but Panic! at the Disco, but that is probably the point.

“It’s a song about having a good time with your friends,” Ross told Spin of the song, entitled “Young Veins (Die Tonight).”

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Half of emo-pop foursome Panic at the Disco is leaving the group to pursue other musical endeavours, reports Perez Hilton. The group’s lyricist, Ryan Ross, who also plays lead guitar and does secondary vocals, and Jon Walker are going their separate ways.

“Though the four of us have made music together in the past, we’ve creatively evolved in different directions, which has compromised what each of us want to personally achieve,” the band said on their web site.

The remaining members – front man Brendon Urie and Spencer Smith – will continue touring and recording as previously planned.

The magazines, the media and even their own website has hyped up Panic! At The Disco’s second album – but in reality, this is actually their third. The band spent some time alone in a cabin in Nevada this past March trying to hone in on their talents to create a new sound for an upcoming CD. However, after their time in seclusion, the band resurfaced in L.A. only to change their mind on the nearly finished project, and head back to the studio again to start at square one.

“We went through a stage of writing that just happened because we were on tour for so long, and we were sick of those old songs so much that we decided to write songs that were really complicated and challenging for us,” Ryan Ross, lead guitarist, told MTV news, “then we realized that it’s not going to be any fun to play these live either, so we decided to ditch the whole project.”

The band is currently toiling away at another album, which is technically their third album drafted. Although there is no official release date, the band anticipates that their new single will be ready to hit the airwaves by December, and the album to follow in February.

Despite a largely cold reception from critics and television audiences, this year’s MTV Video Music Awards still managed one unexpected (and unscripted) surprise.

As Panic! at the Disco tried to collect their award for video of the year (“I Write Sins Not Tragedies”), an audience member rushed the stage and grabbed the microphone from one of the band members.

“MTV never gave me my own show,” he said, having introduced himself only as “Sixx.” He then tried to grab the trophy from presenter Jennifer Lopez before cameras turned away from the scene and he was removed.

Few other antics were as exciting, however. But award winner Pink (best pop video for “Stupid Girls”) said that most of the action was happening backstage, off-camera.

“There’s been some stunts, just backstage,” she said, according to Reuters. “It’s hard these days when everything is so sort of politically correct.”

2006 MTV VIDEO MUSIC AWARDS WINNERS:

VIDEO OF THE YEAR
Panic! At The Disco
“I Write Sins Not Tragedies”
A Fever You Can’t Sweat Out
decaydance/Fueled By Ramen
Director: Shane C. Drake
Producer: Brandon Bonfiglio
Production Company: Red Van Pictures

BEST MALE VIDEO
James Blunt
“You’re Beautiful”
Back To Bedlam
Custard Records/Atlantic Records
Director: Sam Brown
Producer: Kat Armour-Brow
Production Company: Flynn Productions

BEST FEMALE VIDEO
Kelly Clarkson
“Because of You”
Breakaway
RCA
Director: Vadim Perelman
Producer: Rhonda Vernet
Production Company: Tate USA

BEST GROUP VIDEO
The All-American Rejects
“Move Along”
Move Along
Interscope Records/Doghouse Records
Director: Marc Webb
Producer: Marcienne Friesland
Production Company: DNA

BEST RAP VIDEO
Chamillionaire featuring Krayzie Bone
“Ridin’”
The Sound of Revenge
Chamillitary/Universal Music
Director: Life Garland
Producer: Hagai Shaham
Production Company: Lotus Filmworks, Inc./Terrero Films

BEST R&B VIDEO
Beyonce featuring Slim Thug & Bun B
“Check On It (Pink Panther)”
Destiny’s Child #1’s
Music World/Sony Urban/Columbia
Director: Hype Williams
Producer: Matthew Stillman
Production Company: Stillking Productions

BEST HIP HOP VIDEO
The Black Eyed Peas
“My Humps”
Monkey Business
A&M Records
Director: Fatima Robinson and Malik Sayeed
Producer: Tony McGarry
Production Company: Black Dog at RSA Films

BEST DANCE VIDEO
Pussycat Dolls featuring Snoop Dogg
“Buttons”
PCD
A&M Records
Director: Francis Lawrence
Producer: Lynn Zekanis
Production Company: DNA

BEST ROCK VIDEO
A.F.I.
“Miss Murder”
Decemberunderground
Interscope Records
Director: Marc Webb
Producer: Marcienne Friesland
Production Company: DNA

BEST POP VIDEO
Pink
“Stupid Girls”
I’m Not Dead
LaFace/Zomba Label Group
Director: Dave Meyers
Producer: Joseph Sassone
Production Company: Radical Music

BEST NEW ARTIST IN A VIDEO
Avenged Sevenfold
“Bat Country”
City Of Evil
Warner Bros. Records
Director: Marc Klasfeld
Producer: Rachel Curl
Production Company: Rockhard Films

BEST DIRECTION IN A VIDEO
Gnarls Barkley
“Crazy”
St. Elsewhere
Downtown/Atlantic Records
Director: Robert Hales
Producer: Coleen Haynes
Production Company: HSI Productions

BEST CHOREOGRAPHY IN A VIDEO
Shakira featuring Wyclef Jean
“Hips Don’t Lie”
Oral Fixation Vol. 2
Epic Records
Director: Sophie Muller
Producer: Grant Jue
Production Company: Oil Factory
Choreographer: Shakira

BEST SPECIAL EFFECTS IN A VIDEO
Missy Elliott
“We Run This”
The Cookbook
From Touchstone Pictures and Spyglass Entertainment’s “Stick It”
Hollywood/Gold Mind/Atlantic Records
Director: Dave Meyers
Producer: Barbara Benson

BEST ART DIRECTION IN A VIDEO
Red Hot Chili Peppers
“Dani California”
Stadium Arcadium
Warner Bros. Records
Director: Tony Kaye
Producer: Rachel Curl
Production Company: Above The Sea
Art Director: Justin Dragonas

BEST EDITING IN A VIDEO
Gnarls Barkley
“Crazy”
St. Elsewhere
Downtown/Atlantic Records
Director: Robert Hales
Producer: Coleen Haynes
Production Company: HSI Productions
Editor: Ken Mowe

BEST CINEMATOGRAPHY IN A VIDEO
James Blunt
“You’re Beautiful”
Back To Bedlam
Custard Records/Atlantic Records
Director: Sam Brown
Producer: Kat Armour-Brow
Production Company: Flynn Productions
Cinematographer: Robbie Ryan

MTV2 AWARD
30 Seconds To Mars
“The Kill”
A Beautiful Lie
Virgin Records America
Director: Bartholomew Cubbins
Producer: Alexander Moon and Douglas Friedman
Production Company: A Common Thread, Inc.

BEST VIDEO GAME SOUNDTRACK
Marc Ecko’s Getting Up (Atari)

BEST VIDEO GAME SCORE
Elder Scrolls IV: Oblivion (Jeremy Soule)

RINGTONE OF THE YEAR
FortMinor “Where’d You Go”

In concert news almost as depressing as Frank Black’s recent stint opening for Foo Fighters, Bloc Party is set to support emo-teens Panic! at the Disco on their upcoming tour.

The British band will face more screaming young girls than ever as they accompany Panic! across North America on the month-long jaunt.

Pitchfork reports that the tour will launch from the delightfully named Sunrise, FL on November 7. The bands will hit both Toronto and Vancouver before wrapping things up on December 9 in San Diego, CA.

Catch one of this year’s most mismatched tours at the following stops:

11-07 Sunrise, FL – Bank Atlantic Center
11-08 Orlando, FL – UCF Arena
11-09 Atlanta, GA – HiFi Buys Amphitheatre
11-10 Charlotte, NC – Cricket Arena
11-11 Fairfax, VA – Patriot Center
11-13 New York, NY – Theater at Madison Square Garden
11-14 New York, NY – Theater at Madison Square Garden
11-16 Toronto, Ontario – Ricoh Coliseum
11-17 Rochester, NY – Gordon Field House at RIT
11-18 Lowell, MA – Tsongas Arena
11-19 Philadelphia, PA – Wachovia Center
11-21 Auburn Hills, MI – The Palace of Auburn Hills
11-22 Chicago, IL – UIC Pavilion
11-24 Minneapolis, MN – US Bank Theater
11-25 St. Charles, MO – Family Arena
11-26 Council Bluffs, IA – Mid-America Center
11-28 Denver, CO – Magness Arena
11-29 Salt Lake City, UT ¬- The E Center
12-01 Portland, OR – Memorial Coliseum
12-02 Vancouver, British Columbia – Pacific Coliseum
12-03 Seattle, WA – Everett Events Center
12-05 San Jose, CA – HP Pavilion
12-06 Long Beach, CA – Long Beach Arena
12-07 Glendale, AZ – Glendale Arena
12-08 Las Vegas, NV – Orleans Theatre
12-09 San Diego, CA – ipayOne Center

Panic! At the Disco may soon be causing panic at your local Ticketmaster outlet. The rock band has just announced their first headlining tour set for this summer in theatres throughout North America. They will hit the road this June, kicking off with a show in Tucson, Ariz. before wrapping up in Seattle, Wash. at the end of July.

Panic! At the Disco’s debut album, A Fever You Can’t Sweat Out, was recently certified gold, with more than 500,000 copies sold in the U.S. Their single, “I Write Sins Not Tragedies” is still rising up the charts.

Panic! has been making splashes on the music scene thanks to their connection with breakout band Fall Out Boy. The Vegas-based band is signed to Decaydance Records, headed by Fall Out Boy bassist Pete Wentz.

Opening for Panic! will be The Hush Sounds. OK Go has also signed on for dates through June 25, while the Dresden Dolls will pick up the rest of the slack (with the exception of Boston) for the remainder of the tour. More details as well as more dates are to be announced soon. Pre-sale tickets are currently available through the band’s official website, panicatthedisco.com.

Panic! At the Disco tour dates, according to the band’s website:

6/6 – Tucson, AZ @ Rialto Theater
6/7 – Phoenix, AZ @ Marquee Theater
6/13 – Las Vegas, NV @ Hard Rock Hotel – The Joint
6/14 – Albuquerque, NM @ Sunshine Theater
6/15 – Oklahoma City, OK @ Diamond Ballroom
6/16 – Houston, TX @ Warehouse Live
6/17 – Dallas, TX @ Gypsy Ballroom
6/18 – Austin, TX @ La Zona Rosa
6/20 – Atlanta, GA @ Tabernacle
6/21 – St. Petersburg, FL @ Janus Landing
6/22 – Fort Lauderdale, FL @ Revolution
6/23 – Orlando, FL @ House of Blues
6/24 – Myrtle Beach, SC @ House of Blues
6/25 – Norfolk, VA @ The NorVa
6/27 – Washington, DC @ 9:30 Club
7/1 – Philadelphia, PA @ TBD
7/2 – Boston, MA @ Avalon
7/4 – Hampton Beach, NH @ Hampton Beach Casino Ballroom
7/5 – Niagara Falls, NY @ Dome Theatre
7/6 – Columbus, OH @ PromoWest Pavilion
7/7 – Milwaukee, WI @ Summerfest
7/8 – Minneapolis, MN @ Myth
7/11 – Cincinnati, OH @ Bogart’s
7/12 – Cleveland, OH @ Plain Dealer Pavilion
7/13 – Grand Rapids, MI @ Orbit Room
7/14 – Detroit, MI @ State Theater
7/15 – Toronto, ON @ Docks Concert Theatre
7/16 – Montreal, QC @ Metropolis
7/18 – Pittsburgh, PA @ Club Zoo
7/19 – Indianapolis, IN @ Egyptian Ballroom
7/20 – St. Louis, MO @ The Pageant
7/21 – Kansas City, MO @ Uptown Theater
7/22 – Denver, CO @ Fillmore Auditorium
7/24 – Salt Lake City, UT @ In the Venue
7/25 – Boise, ID @ Big Easy
7/26 – Portland, OR @ Crystal Ballroom
7/27 – Vancouver, BC @ Croatian Cultural Center
7/28 – Seattle, WA @ The Premier