There's good news and bad news. Good news is that we finally have some more details on that Iggy Azalea and Britney Spears collaboration. Bad news? It looks like we're going to have to wait a little longer until it's released.

While in Austin, Texas, for SXSW, the rapper sat down with the Associated Press and revealed that her duet with Brit was appropriately titled "Pretty Girls."

"I love Britney. She's super sweet and I just want to hang out with her all the time," Iggy said. "I saw her at Toys "R'' Us randomly; she lives right down the street from me. ... Since I've met her, now we keep bumping into each other in the street."

Oh, you know: NBD, just casually bumping into Britney Spears on the street. I would DIE.

The song, which Iggy said had made her "extra excited to want to put out new music," will most likely be the first single off the "Fancy" rapper's second album. And she should have more time to work on that follow-up LP since she pushed back her planned tour until the fall due to "production delays."

"I didn't anticipate having any time to completely finish it, but now that I have kind of the time," Iggy said of the still-untitled album. "I'd love to have an album at the end of 2015."

Iggy added that the follow-up to last year's The New Classic won't see her be rapping about the same subjects, since she doesn't have the same "struggles" she did in the past.

"My first album got pushed back so many times and it was really probably, like, two years of recording on and off -- not the entire time -- but it was a real struggle and I think that was something that really like reflected in my album a lot. I talk about trying to make it, trying to breakthrough," she said. "So my second album, now I don't have this problem. So I hope it's a little bit more uptempo and just really fun. I just want to have something so summer and so girly, so loud and obnoxious and braggadocious."

Maybe Iggy will be rapping about her love/hate relationship with social media. The "Black Widow" MC has been off Twitter and Instagram since paparazzi snapped photos of her on vacation that were later picked apart by people online body-shaming the star.

"Yeah, so nice not to be on social media so I'm kind of going to continue that until, maybe forever," she said. "I think it's disgusting. I don't think it's nice to stick your camera through somebody's fence and hedge and take a picture of them in their yard and think that's OK at all."