The Smashing Pumpkins are back in the studio, according to a post on their website, here.
Singer Billy Corgan (pictured) and drummer Jimmy Chamberlin are working with Darkness and Queen producer Roy Thomas Baker. No other contributing musicians have been mentioned by name, but Corgan has hardly hidden his displeasure at the behaviour of bassist D'Arcy Wretzky and guitarist James Iha around the time of the band's split in 2000. In 2004 he said the Pumpkins were "a dream I still believe in".
The band is currently being managed by Irving Azoff, who also handles The Eagles. Classic rock, yay! This news comes courtesy of Billboard.com.