Amy Winehouse cancels plans to begin recording her third album

Troubled Amy Winehouse has canceled plans to begin recording her third album -- leaving record label bosses worried there will be no new material from her this year.

Amy's label, Island Records, had organized her a trip to the Bahamas to begin her follow-up to smash hit Back To Black with producer Saleem Remi -- but the 'Rehab' star backed out at the last minute.

A source close to the singer said: "Island wanted to get her away from it all and thought it would be great surroundings for her.

"It was a very expensive trip and it was hoped they would make some decent progress recording the album. But Amy pulled out at the last minute.

"The album was planned for late 2008, but her label is now privately admitting it’s unlikely to happen until 2009.

"She’s not the kind of artist you can just stick in the studio for a month and get an album done. And I now think early 2009 would be a good result."

Remi worked with Amy on her debut album Frank and was also involved in her second smash hit album Back To Black.

She is currently working with her superproducer pal Mark Ronson on the new James Bond theme, and a host of other top-producers are lining up to get involved in Amy's new album.