In a brief Billboard article Billy expresses that he hopes to have the set out by December of 2013 he said that the idea is “really ambitious, because we’re still touring, and I’ve never been successful writing on tour. 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”
He went on to express frustration with the music business & how its hard for bands to know if people are really listening to an album saying “back in the day, it was like a million, two million (sales) — at least people were listening to it. Now you sell 100,000, and for all you know two million people are listening to it but you don’t see it. You don’t get the reward for it. ” the reward Billy express is radio play.
The article points out that the Smashing Pumpkins most recent release of Oceania has sold 102k to date according to SoundScan.