My Chemical Romance wrap up new album

My Chemical Romance have officially wrapped up work on their fourth studio album. The yet to be titled release is the follow up to 2006's 'Black Parade'.

Frontman Gerard Way told NME that the band plans on playing smaller venues for their next tour. He said, "The record we’ve made reflects the size of the venues we're going to play them in. We can play these songs in stadiums; we can play them in arenas. But we can also play them in punk clubs, and maybe that's all people are gonna be able to go to next time around, who knows?" People just wanna fucking rock, I don't know that people want to make statements right now. I can't comment on anybody else's record but I certainly feel something in the air, like, people just want the truth and they don't need a big story."

In an interview with Rock Sound last Novemer, Way described the new record as their "defining work", saying "A friend who heard the record recently said he now had no interest in listening to our older work anymore, that we had made all our old material redundant. I took it as a compliment, the next thing you do should always make the last thing seem unimportant and I think that will happen when we finally release this album."

The new album will be released sometime this year.