Smashing Pumpkins frontman Billy Corgan has revealed that he is writing an autobiography, which he has described as “a spiritual memoir”.

The singer, whose band released their new studio album Oceania in June, has said that though his book isn’t “a rock ‘n’ roll autobiography”, it does contain “plenty of sex and drugs and rock ‘n’ roll'”.

Speaking to Billboard, Corgan also confirmed that the band are already working on the follow-up to Oceania and he has said he hopes to have it out by December 2013.

Asked about new material, the singer replied: “I’ve already started writing songs for a new album and definitely seems like it’s going to be more of a rockin’ affair.”

Then asked about his hope of a December 2013 release, he added: “That’s 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.”

‘Oceania’ marked the Smashing Pumpkins return to making music in a traditional album format having spent the last few years releasing music straight on to the internet as part of their Teargarden By Kaleidyscope project.

Asked if he now was convinced that albums were here to stay, Corgan said: “I think it’s a lot of energy for not a lot of return. I mean, what are great sales today? At least back in the day, it was like a million, two million — 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.”

He continued: “The business treats you like shit if you don’t do certain numbers. You can’t get played on the radio ’cause the guy in the nameless band is outselling you. I really wish someone had come up with an alternative, but I don’t know what supplants it. It’s all very mystifying.”

Oceania is the seventh of the Smashing Pumpkins career and was released on June 18.