The next edition of iLife is expected, this morning we learn that the software is scheduled to ship “on August 7”.

French Mac website, Mac4Ever.com has announced the date, saying iLife 10 (or, perhaps, 11) will be 64-bit compatible and will ship with a mysterious new application.

That mysterious app could perhaps be support for the creation of iTunes LP and iTunes Extras packages, giving consumers a way to share detailed digital albums featuring all manner of multimedia assets. This software was briefly discussed in December last year.

This would perhaps replace iDVD, which hasn’t seen any significant recent updates.

This will allow artists to create their own iTunes LPs and submit these directly to Apple from the application, which will form part of iLife 2010. (We reckon it will also let consumers create mixed-media assets a la iTunes Extras, and suspect we

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