Industry speculation that Neil Diamond and Barbra Streisand would embark on a co-headlining tour in 2005 appears to be incorrect, according to a Diamond spokesperson.

A spokesperson for Neil Diamond is denying that he will play a co-headlining tour with Barbra Streisand in 2005.

While no details are finalized, an earlier report indicated that industry talk has been heating up regarding Streisand and Diamond hitting the road. One source told the guarantee for the tour (the amount the acts receive regardless of tickets sold) would be roughly $3.5 million per show.

Calls to both the Streisand and Diamond camps were not immediately returned. Later, a Diamond spokesperson told via E-mail that the artist has "other plans" for 2005 beyond a 12-date tour of Australia and New Zealand that kicks off in early March.

The artists, who collaborated on the 1978 No. 1 hit "You Don't Bring Me Flowers," gave their first public performance together in 24 years in June at a Los Angeles fundraiser for presidential candidate John Kerry.

Diamond last toured in 2001-02, grossing $80 million, and has been known for pricing his tickets conservatively. Streisand played two turn-of-the-millennium shows, taking in $18.2 million at the MGM Grand Garden Arena in Las Vegas. She also grossed $12.6 million from two sellouts at the Staples Center in September of 2000.