People reports that Joaquin Phoenix will be retiring from movies to focus on his...ugh...music.

"I want to take this opportunity ... to give you the exclusive and just talk a little bit about the fact that this will be my last performance as an actor," the two-time Oscar nominee told Extra at the San Francisco event. "I'm not doing films anymore."

"Are you serious?" asked the stunned interviewer Jerry Penacoli.

"Yeah. I'm working on my music," Phoenix insisted. "I'm done. I've been through that."

His rep confirmed the retirement to Extra.

The 34-year-old performer gave no further details on his career plans – but he has been working on a record for some time British band The Charlatans.

Phoenix, who costars in the upcoming romantic drama Two Lovers with Gwyneth Paltrow (which we screened at AFF and WILL have a review up shortly), first learned to play guitar for his Academy-Award-nominated role as Johnny Cash in 2005's Walk The Line.

Hmm...wonder if it's anything like when John Corbett gave up acting for country music. How'd that work out?

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