Van Halen has a new record deal. says the group has signed on with Interscope Records, which will reportedly support the band not only with recording and marketing but also with touring and merchandising.A new album from Van Halen would mark the first full set of fresh material from the band in more than a decade.  The last new studio release from the group was 1998's "Van Halen 3." An upcoming project would also be the first complete set to feature frontman David Lee Roth since the album "1984."

But while the label deal adds fuel to an anticipated Van Halen comeback, rumors that the band will be featured at the upcoming Grammy nominations TV special might not be true.  Grammy organizers have said the show will feature a "truly iconic group" that will make a "special live announcement."  They later implied via Twitter that the "iconic group" was Van Halen.  However, an unnamed source is telling "Rolling Stone" that Van Halen won't be appearing on the show.  The "Grammy Nominations Concert Live!" special will air on CBS on November 30th.