The 42-year-old actress recorded her debut, I Wanna Be Loved By You, when she was just six and she completed work on her follow-up on Saturday night (06Mar10) - hours before she took the stage at the Oscars for a touching tribute to moviemaker John Hughes.

She tells WENN, "I'm really excited about it. I haven't come up with a name yet but it's with my quintet that I've been performing with a lot in the Los Angeles area."

The actress is also branching out as a writer - she'll be releasing a new book, Getting The Pretty Back, about motherhood, diet and turning 40, in May (10). And she hopes the project will lead to yet another new career.

She adds, "Maybe I'll have my own cooking show one day!"