Smashing Pumpkins have announced that they will be recording a new album 'Oceania' in May.
It is 'an album within an album' and the band want to be touring in both America and Europe this August.
In other news the band have secured the rights to the Smashing Pumpkins archive and over the next couple of years their entire back catalogue will be released and remastered (and released on vinyl) with never-before-heard unreleased material and extra footage. BOOM.
To watch Billy Corgan tell you all this and more click here.