Mercury Records have confirmed Arcade Fire are currently in the studio working on their third album with the release due early 2010.

Richard Parry, of AF, revealed earlier this month that he was with the band in a New York  recording songs for Arcade Fire, but did not mention when the record would be available.

With the band selling out rooms worldwide there has been much anticipation for the bands follow up to 2007’s ‘Neon Bible’, but  hopefully this means we will see them hit Oz sometime next year…..fingers crossed!

Watch Arcade Fire’s ‘Wake Up’ Below:

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