Smashing Pumpkins frontman Billy Corgan has already begun working on the the follow-up up to his band's latest effort, this summer's 'Oceania' -- and he insists that with the album, he will finally have "vengeance" on his doubters. "I'm starting to write new songs for the next Pumpkins album," he tells MTV Hive. "I got a lot going on. I have a title for the next album but I won’t tell. It’s going to be a cruel record. Vengeance is mine."

Corgan previously said he would like to have the next Pumpkins album out by the end of 2013, but he admitted to Billboard.com that his goal may be a bit unrealistic. "That's really ambitious, because we're still touring, and I've never been successful writing on tour," he said. "I don't even try. So even if we went into the studio in November when we come off of this tour, it's still pretty ambitious to have it out by then."

The Pumpkins will be playing 'Oceania' in its entirety during their upcoming North American arena tour, which kicks off Sept. 22 Mexico City, Mexico. But don't ever expect the band to look back at any of their classic albums like 'Siamese Dream' or 'Gish' with a nostalgia tour. “That overly sentimental culture as a new business model is really weak,” Corgan says. “I’m in my 40s, I should be making new music predominantly. I think that that expectation that’s been created is really bad for people.”

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