03/02/2013 02:18 pm ET

Pearl Jam, Guns N' Roses, Screaming Trees Supergroup In The Works

Pearl Jam's Mike McCready gave rock fans some major news on Friday. He will be teaming up with Guns N' Roses alum Duff McKagan and former Screaming Trees drummer Barrett Martin for a supergroup of sorts.

"Duff and Barrett and I got together," McCready said in an interview with Billboard. "We wrote some new stuff and we took some of those old Mad Season demos from that [unreleased] second 'Disinformation' record, so we are trying to find something to do with those. We're talking to Jaz [Coleman] from Killing Joke and I've been trying to find some singers to work on some of that stuff."

McCready is one of the founding members of Pearl Jam. The band is still going strong, decades after its formation in Seattle in 1990. Last week Pearl Jam's 1991 album, "Ten" reached 10 million in U.S. sales. The band also recently sold out an upcoming show at Chicago's Wrigley Field in record time.

McCready and Martin previously teamed up for the '90s supergroup Mad Season. McCready also collaborated with McKagan and Martin for the duo's 2012 supergroup with Jeff Angell and Benjamin Anderson, Walking Papers.

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