New York, New York - Madonna, the best-selling female artist of all time, announced on Thursday that she will release a new dance music album next year.

The 67-year-old singer is returning to the Warner Records label, associated with her early hits such as Like a Virgin and Holiday in the 1980s.

She left Warner in 2007 after signing a huge contract with Live Nation records.

"I am happy to be reunited and look forward to the future, making music, doing the unexpected while perhaps provoking a few needed conversations," the seven-time Grammy winner said in a statement.

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It will be her first studio record in seven years.

The album is set to be produced by Stuart Price, the DJ and songwriter she collaborated with on Confessions on a Dance Floor in 2005.

"We are honored to welcome Madonna back home to Warner Records. Madonna isn’t just an artist – she’s the blueprint, the rule-breaker, the ultimate cultural juggernaut," said Tom Corson and Aaron Bay-Schuck, co-chairmen of Warner Records.

Among many other honors, Madonna was inducted into the Rock & Roll Hall of Fame in 2008. She has sold more than 400 million records worldwide.