He has written in his site
that " There have been many rumors about new music by Tom Waits. Visit
Tomwaits.com next Tuesday and Waits himself will put things in place."
According to the NY Times,
Bob Dylan, Bruce Springsteen and other musicians with a long carrer in
the music business will be able to get all the rights of their songs -
albums, when they have completed 35 years of "life".