Excitement is an understatement!
Set to release in the Spring of 2012, Madge announced the news herself as she promoted her directorial baby, W.E., in Venice.
She also told us fans that she's "started a little bit of work in the studio" and will continue the masterpiecery in "New York, until the end of the year."
Oh, yeah baby! Yeah!
[Image via Ian Wilson/WENN.]