Apparently, One Direction is taking a page from the Rolling Stones: The boy band's members decided to pursue solo projects—while still being part of the band.

"The boys know that by sticking together they can still pursue everything they want to do as a foursome, as well as individually," a source close to the band shared to People. "And there's no reason why they can't have lifetime careers both as a group and working on their own solo projects, just like the Stones."

The new arrangement will reportedly give the guys—Harry Styles, Niall Horan, Liam Payne and Louis Tomlinson—the "best of both worlds," which includes being in one of the world's most famous boy bands and having the freedom to pursue their own interests.

Sources claim that Styles developed a fascination for Hollywood and dreams of becoming an actor. Meanwhile, Tomlinson launched his own record label, an imprint of Simon Cowell's Syco label.

"The band all have their own solo interests—whether it be music, art or acting—but they can stick together," added the source. "Harry, Louis, Liam and Niall are all very loyal to each other and support each other's future together and on solo projects, music or otherwise.... They are all incredibly loyal despite the multiple offers they get all the time."

The news comes just a few months after Zayn Malik decided to quit the band to live his life as a normal young adult and "have some private time out of the spotlight."

One Direction is currently touring in Europe and will head to North America in July.