Conor Kennedy and Taylor Swift Split

Taylor Swift and Conor Kennedy may seem like the perfect couple, but their fairytale romance just hit a massive speed bump. In a week that has the bust-ups of celebrity couples like Eva Longoria and Mark Sanchez and Joe and Tina Simpson, Swifty is the latest starlet singing the blues over at the Heartbreak Hotel.

The unlucky-in-love twentysomething — with a penchant for penning scathing odes to her exes — is reportedly back on the market after calling it quits with her 18-year-old beau.

Stay tuned for Taylor’s next big charttopper: “I Dumped a Kennedy.”

Taylor and Conor began dating last summer, after Swift reportedly sought the approval of matriarch Ethel Kennedy. At the center of the breakup: Taylor’s uberly-hectic promo schedule for her new album, Red. Swift’s press tour and album release proved too much for the relationship, leaving Conor “overwhelmed” as he tried to keep up with Swift.

A pal told Us Weekly:

“They quietly parted ways a while ago. It was just a distance thing. No hard feelings. They’re fine. It’s been over a month since they’ve even seen each other. With her promotion for Red, she has no time off until the end of the year.”

The split comes just weeks after Taylor was slammed with accusations that she cheated on her boyfriend with his cousin Patrick Schwarzenegger. In a September report, Star magazine scooped that the country starlet was caught making out with Patrick, 19, at family function, she initially attended with Conor.

“Taylor was making out with Patrick all night,” a source revealed to the magazine. “The previous day, she was all over Conor, so she hooked up with two cousins on consecutive nights! Taylor and Patrick weren’t kissing out in the open, but she wasn’t being as subtle as she thought she was. Conor doesn’t know, but everyone else in the family does. They despise her and don’t want her anywhere near Conor or Patrick.”

Taylor, however, has vehemently denied having any romantic relationship with Schwarzenegger.