"Yeah, the next Wu album should be out by late '95"

This quote by Method Man is describing the Wu-Tang Clan's next album. The Wu-Tang Clan is a hip-hop group from Staten Island, New York, and Method Man is among the group's founding members. By saying that the next Wu album ought to be out by late '95, Method Man is revealing his anticipation for the group's next album. He is suggesting that the album should be launched in the latter half of 1995, which would be a good time for the group to release brand-new music. The Wu-Tang Clan had already released their debut album, Enter the Wu-Tang (36 Chambers), in 1993, and had ended up being a popular hip-hop group by the time Method Man made this declaration. Therefore, it is most likely that the group was currently in the procedure of producing their next album, and Method Man was expressing his excitement for the upcoming release.