U2 is working on material for its next studio album with producer Rick Rubin, according to the band's Web site. The group has been at work on the as-yet-untitled follow-up to 2004's "How To Dismantle

U2 is working on material for its next studio album with producer Rick Rubin, according to the band's Web site. The group has been at work on the as-yet-untitled follow-up to 2004's "How To Dismantle an Atomic Bomb" since last month. While in the studio, U2 will be joined by Green Day to record a cover of Scottish punk band the Skids' "The Saints Are Coming."

Proceeds from the track will benefit Music Rising, an instrument replacement fund co-founded by U2 guitarist the Edge last summer in the wake of Hurricane Katrina.

"One year later, the devastation is still fresh in our minds, and we'd like to keep it in yours," Green Day said in a post on its Web site. "New Orleans has always been a special city to us, being a hotbed of music and creativity, and it's hard to believe parts of the Gulf region still remain devastated. We feel that it's important to continue to raise awareness."

Meanwhile, a DVD chronicling U2's Zoo TV tour will arrive Sept. 19 via Island/UME.

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