"The new Magnetic Fields album is now planned for release in early 2008. The exact release date and album title will be announced shortly, as well as information on other Stephin Merritt projects.
The Magnetic Fields look forward to playing some US shows following the release of the record.
Meanwhile, Stephin Merritt continues to work on developing several new projects in theater, including a stage adaptation of Neil Gaiman's children's book, 'Coraline'."