My Chemical Romance are building their own studio in Los Angeles to record their next album. The "Sing" group have finishing touring their Danger Days: The True Lives of the Fabulous Killjoys album, and are setting up their own equipment so they can record as much as possible.

''We just got a studio so we're kind of building that. 'The tough thing doing records in a cycle is you have three or four months to write and record and sometimes that's tough. 'You always feel like there's something over your head, but now we'll have our own place where we can go and make music 24 hours a day. It's gonna be great!'' said guitarist Ray Toro.

The band's last two albums have been concept-driven, and they feel the rise of mp3 sales - meaning fans don't have to buy whole albums anymore - is a good thing, as it makes artists consider every track before they release.

''With us it's never going to be 'Oh, we had these twelve songs so record it real quick and we'll put them out!' I think the days of some bands just filling the time and putting out a disc are over, and I'm glad, because those are some of my least favorite records," second guitarist Frank Iero added.