MTV News is reporting that onetime SMASHING PUMPKINS bassist Melissa Auf Der Maur as well as an undisclosed source "close to the situation" have confirmed that PUMPKINS bandleader Billy Corgan has been working on material that will, at some point, surface in the form of a new SMASHING PUMPKINS album."From what I understand, Billy [will be] making a PUMPKINS record over the next little while," Auf Der Maur told MTV News last week. "Everyone knows Billy doesn't need too many people to make a PUMPKINS record, other than Jimmy [Chamberlin, longtime PUMPKINS drummer] — who he has [on board]." A spokesperson for Azoff Management confirmed Thursday (February 2) that Corgan and Chamberlin have signed on with the firm as SMASHING PUMPKINS, and that the two are writing new music. A source close to the situation told MTV News that the duo plan to record over the summer and that the new PUMPKINS could surface before the end of the year — however, no definitive plans are set. Auf Der Maur said she's not sure whether Corgan has reached out to guitarist James Iha or bassist D'Arcy Wretzky to complete the band's original lineup, but she said she's told Corgan that she'd be happy to pitch in if he needs her; Auf Der Maur replaced Wretzky in 1999 and worked with the group until it disbanded in 2000. Read more at MTV.com.