Minogue, 44, has recently ended her relationship with Terry Blamey, who launched her into showbusiness when she was 19, and has decided to concentrate on acting for the foreseeable future, reported Daily Mirror.
"Kylie's decision to stop recording for the time being and part company with Terry has come as a massive shock. Ever since she broke into the charts in the 80s Terry has been the man behind the scenes. But now Kylie is saying she wants to pull back from the pressures that come with a music career.
"She says she's determined to devote more time both to herself and to her career as an actress," a source said.
Minogue's former record label Parlophone has been sold and she is now part of the giant Universal Records outlet.