The band REM, which stands for 'Rapid Eye Movement, ' is an American rock band formed in Athens, Georgia in 1980. The group is best known for their hit single 'Losing My Religion, ' which was released in 1991 and became one of the most successful songs of the 1990s. The song was a major success, reaching number four on the Billboard Hot 100 chart and winning two Grammy Awards. REM has continued to be a popular band, releasing several more albums and singles over the years.