Panic! At The Disco say new album is “nearly finished”, reveal title and single details

December 20 2010, 1:20 AM EST By Tyler Common

Panic! At The Disco have been very inactive for quite some time, but that is all because the band have been in the process of recording a new album. Panic's third full length is titled Vices and Virtues, which is on schedule to be released in March 2011 on Decaydance/Fueled By Ramen. The band is currently putting finishing touches on the album, with the first single tentatively titled "Mona Lisa" due out in January of 2011. The band also say their 2011 tour plans are "still in the works", but currently have nothing set up.

Vices and Virtues will be the first to feature only Brendon Urie (pictured on right) and Spencer Smith (pictured on left), as we saw Ryan Ross and Jon Walker leave the band in 2009.