03/09/2011 at 12:45 PM EST
From the Grammys
straight to CD?
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 JORDANPlease note: Comments have been suspended temporarily as we explore better ways to serve you. Your opinion is important to us; you can find current discussions at facebook.com/peoplemag.