Pretty much, apparently. As I understand it, Byrne unilaterally pulled the plug on the band. As I recall, there was a point in the 90's where Jerry Harrison, Chris Franz and Tina Weymouth recorded and toured as The Heads, so those three obviously wanted to continue working together. If I remember correctly, Byrne tried to pull a Roger Waters, taking legal action (apparently unsuccessfully) to prevent them using that band name.
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