Madonna is set to release some new music – along with some recent favorites.
Fans might be most excited about the new material planned.
"Madonna does have plans to go into the studio to record a few new songs for this album," Liz added.
Madonna's team is even asking the public to help decide what tracks should be included. On Tuesday, the singer's manager, Guy Oseary, asked Madonna fans on Twitter, "Working on Madonna's greatest hits album," he wrote. "Any tracks that you think MUST be on?"
The forth-coming greatest hits album will be the pop star's last with her longtime label Warner Records.
In October 2007, Madonna signed a reported $150 million deal with Live Nation.
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