"Franchise" will follow on from Scott's August single "The Plan", which features in the new Christopher Nolan film Tenet.
The rapper announced his new release last night (21 September), which will also be released on a limited number of CD's and cassettes.
Scott's "Franchise" artwork was created by George Condo, the artist behind Kanye West's My Beautiful Dark Twisted Fantasy album covers.
As well as releasing "The Plan" this year, Scott has also featured on Kanye West's "Wash Us In The Blood" in June, and teamed up with Rosalía on "TKN" in May.
