It's been rumored for years, but Rent has finally posted its Broadway closing notice. The seventh longest running Broadway musical of all time has announced that its final performance at the Nederlander Theatre in New York City will be on June 1st. News of the impending closing will undoubtedly drive up ticket sales, making it very possible that the show will actually extend through the summer -- but that remains to be seen.

The closing of Rent will be the end of an era. A contemporary take on Puccini's La Boheme, Rent opened in 1996 to rave reviews and brought a whole new generation to Broadway. The youth-oriented musical introduced the practice of selling discounted front row orchestra tickets for $20 on the day of performance, prompting many devoted fans to spend the night on line in front of the theater (until they began distributing tickets via lottery).

If you haven't yet seen this groundbreaking musical on Broadway, or if you're a "Rent-head" wanting to catch it again before the end, find out how to get your discount tickets here.