U2 Album on 'Horizon' for March

U2 has confirmed its twelfth studio album will be released on March 3. As previously rumored, the title of their upcoming studio effort will indeed be 'No Line on the Horizon.'

The follow up to 2004's 'How To Dismantle an Atomic Bomb' was initially expected in late 2008, but the band bumped the disc to finalize additional songs. "I'm always the one who underestimates how easy it is to simply 'put out the songs now,'" Bono said on the band's website earlier this year. "If it was just up to me they'd be out already!"

Produced by longtime collaborators Brian Eno, Daniel Lanois and Steve Lillywhite, the album's full tracklist isn't yet known, but titles 'Moment of Surrender' and 'Unknown Caller' are among the set. 'Horizon' was recorded in Dublin, New York and Morocco.

Although no tour plans have been confirmed, U2 has a touring and merchandise partnership with concert promoter Live Nation. On Thursday, Live Nation reported it bought back the band's stock stake for a guaranteed $25 million, after it had fallen to a value of just $6 million.