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.
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