Gwyneth Paltrow, on Friday's edition of The Ellen DeGeneres Show, dishes more on her budding music career  -- and Britney Spears can breathe easy for now!

"The rumor is you have a record deal: Are you going to do an album?" Ellen asked Paltrow, who sang on her well-received Glee cameo last November, then played a singer in January's Country Strong.

"Well, I haven't signed anything but I'm thinking about it," Paltrow told Ellen. "I kind of have to get my head around the concept of it and how I would want to do it. Do it in a right way.

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