All of you that were anticipating an album from 2011 Grammy performer Gwyneth Paltrow can just hang it up … for now, at least.

Reports surfaced that the “Iron Man 2” actress had inked a $1 million dollar deal with Atlantic Records, but Gwyneth has since denied this. In a recent interview with The Hollywood Reporter, Paltrow said:

“The truth is, I really would love to make a record, but I don’t know exactly how you do that so it’s not cheesy. I would love to do it. I am having fun with it though, even if it’s kind of giving me a mid-life crisis because I don’t know who I am anymore.”

Singers crossover into acting all the time, so it looks like Hollywood is catching on to the trend and is trying to do some crossing over of their own!

Your thoughts?