Get ready for the return of the Wu. Wu-Tang Clan has signed a new contract with Warner Bros. Records and is readying their first album in seven years.

The group’s first release on the label will be the highly-anticipated 20th anniversary album, A Better Tomorrow, due out December 2.

All nine members including RZA, GZA, Method Man, Raekwon, Ghostface Killah, Inspectah Deck, U-God, Masta Killa, and Cappadonna were on hand to make the announcement during a press conference at Warner Bros.’ Burbank, Calif. office earlier this week.

“Wu-Tang Clan is excited to join the Warner family of esteemed artists,” the group said in a statement. “After 20 years in the business with different label outlets, we are delighted to be amongst a team of industry professionals who understand our unique artistry and will help spread it to the masses unadulterated. RZA and his brother Divine CEO of Wu-Tang felt synergy with executive/producer Rob Cavallo and Cameron Strang, and decided Warner Bros. would be a suitable home for their brand and band, and a great place to carry on the Wu-Tang saga. In the words of Ghostface, when it comes to being signed to Warner Bros., ‘we’re getting Bugs Bunny money.'”

As a group, Wu-Tang has sold over 6.5 million records in the U.S. and 40 million records worldwide collectively. Their last album, 2007’s 8 Diagrams, was released on SRC/Universal Motown.

In addition to A Better Tomorrow, Wu-Tang is working on a 31-track secret album, The Wu – Once Upon a Time in Shaolin. Only one copy will be produced, and RZA claims to have already received a $5 million offer.

In August, all nine members of the Clan reunited to perform their new single “Ron O’Neal” on “The Daily Show with Jon Stewart.”