Gwyneth Paltrow Didn't Sign a $1 Million Record Deal – Yet
03/09/2011 AT 01:00 PM EST
Reports have circulated that Gwyneth Paltrow has inked a record deal worth nearly $1 million.
But her rep tells PEOPLE, "There is no deal yet."
Still, the actress, 38, seems to be focusing a lot on music recently, especially after her turn as a fallen country music star in Country Strong and her Grammy duet with Cee Lo Green.
"Those who have heard [her] music say it's country pop," a source told the New York Post in a recent interview.
We can't help but wonder what Chris Martin thinks of all of this.
Reporting by JULIE JORDAN
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