Cher isn’t headed to Netflix anytime soon … despite reports she locked down a multimillion dollar deal … ’cause TMZ has learned it’s flat out not true.

A U.K. report circulated last week, claiming the music legend inked a massive $13 million deal with the streamer for a seven-episode tell-all series about the highs and lows of her life. The supposed project, allegedly titled “Sharing Her Story”, was said to be targeting a 2026 release.

However, sources close to Cher tell TMZ … the chatter is pure fantasy and a Netflix series isn’t happening. There’s no deal or anything in place at all.