Gwyneth Paltrow`s music deal scrapped

Updated: May 24, 2011, 10:22 AM IST

New York: Hollywood actress Gwyneth Paltrow`s singing career may fizzle out before it even began as music label Atlantic has reportedly scrapped the deal to bring out her debut album.

The Academy award winning actress was close to signing on the dotted line but the deal fell through after she demanded a USD 1 million pay cheque, reported a website.

"Atlantic bosses were very interested, and Warner chief Lyor Cohen was very supportive. But then the talks halted and the deal fizzled out. Paltrow wanted USD 1 million to sign, but that is a ridiculous figure," said a source in the music label.

Meanwhile Paltrow`s representative has said that she has not yet made up her mind about recording an album.

"Atlantic was not the only company pursuing her, and she still has not decided if she wants to record an album. It is still something she is considering," said the actress` spokesperson.

The 38-year-old actress learned how to play the guitar for her role as an alcoholic musician in `Country Strong` and has also had a recurring role in the TV musical `Glee`.

The `Shakespeare in Love` star also performed at a string of award ceremonies this year, including the Oscars, Grammies and the Country Music Awards.