The date given by 1ozzy appears to refer to the re-issue of Volume 11, rather than to a new Volume 111.
The official Sony website for the series doesn't show any forthcoming albums, other than Now Yearbook '82:
https://www.nowmusic.com/
The 'Now' CDs have traditionally been sold via supermarkets, rather than by specialist music retailers. With Tesco and Sainsbury's no longer selling CDs or DVDs, and with other supermarkets expected to follow soon, it's likely that both formats will quickly die a death. So, unless Sony thinks that they can make enough money from offering further 'Now' albums as MP3 downloads, the end might well be nigh for the series.