Johnny Depp, Vanessa Paradis near split Asghar Farhadi of Iran, left, director of the Golden Globe-nominated foreign language film "A...

Johnny Depp, Vanessa Paradis near split

Asghar Farhadi of Iran, left, director of the Golden Globe-nominated foreign language film "A Separation," poses with cast member Peyman Moadi at the Golden Globe Foreign Language Nominees Seminar, Saturday, Jan. 14, 2012, at the Egyptian Theater in Los Angeles. (AP Photo/Chris Pizzello)

Singer Vanessa Paradis (L), wearing Chanel Fine Jewelry, with best actor Oscar nominee Johnny Depp (C) for "Sweeney Todd The Demon Barber of Fleet Street" and best director Oscar nominee Julian Schnabel for "The Diving Bell and the Butterfly" talk on the red carpet at the 80th annual Academy Awards in Hollywood, February 24, 2008. REUTERS/Carlos Barria

Johnny Depp's 14-year romance with French actress and singer Vanessa Paradis has hit the rocks, People magazine claimed on Wednesday, and the couple are living largely separate lives.

In a cover story for this week's issue of People called "Love Gone Wrong", the celebrity magazine quoted several unnamed sources as saying the pair's relationship is nearing an end.

The "Pirates of the Caribbean" star, 48, and Paradis, 39, never married but have been together since 1998 and have two children. They divide their time between France and the United States.

People magazine noted that the pair have not appeared on the red carpet together for more than a year, missing both the Cannes film festival in May 2011 and the Golden Globe Awards in Beverly Hills on Sunday, where Depp was a presenter.

"According to multiple sources....(they) are all but officially finished," People said.

Depp's representatives did not return calls for comment on the People story, which hits newsstands on Friday.