My Chemical Romance released their last album 'Danger Days: The True Lives Of The Fabulous Killjoys' less than a year ago but are already preparing the next batch of new material for the studio.

My Chem's last disc may not have duplicated the runaway success of their third record 'Welcome to the Black Parade', but still was mostly well received by critics and fans alike and peaked at #8 on the Billboard 200.

According to Ultimate Guitar, during their show in Chicago Saturday night the band announced that they planned to head back to the studio this fall following their current tour with Blink-182. The band is also scheduled to headline both the Leeds and Reading festivals which are set for this weekend.