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Last Updated: Wednesday, 31 January 2007, 10:16 GMT
The Eagles 'to release new album'
The Eagles
The Eagles are one of the best-selling bands of all time
Seminal 1970s soft rockers The Eagles are close to releasing their first album of new music in almost 30 years, according to reports.

Founding member Don Henley has been quoted by the Las Vegas Review-Journal as telling a concert crowd that a new collection was nearing completion.

The band, best known for the song Hotel California, are one of the most successful recording acts of all time.

Since 1980, several live albums and hits compilations have been released.

Formed in 1971, the country and bluegrass-influenced band released five studio albums - of which 1976's Hotel California is the most famous.

Since reuniting for live shows in 1994, The Eagles have staged several lucrative tours and released occasional new singles as part of live albums.

According to Recording Industry Association of America, The Eagles' Greatest Hits 1971-1975 is the top selling album of all time with the group being fifth highest selling ever .

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