(Cover) - EN Showbiz - Ryan Reynolds and Olivia Wilde are not dating, their representatives have confirmed.

The Hollywood pair were seen out together in New York over the weekend which sparked speculation that they were romantically involved.

Despite rumours that Ryan and Olivia are dating, representatives for both stars have confirmed they are just friends.

They told RadarOnline that the pair "haven't even seen each other since this past weekend" when they were spotted laughing in each other's company.

Earlier this week, the US publication revealed that Ryan and Olivia are just on very good terms after working on the movie The Change Up together last year.

"Ryan and Olivia are just friends," the source previously explained. "They have been friends for a long time and are just hanging out together."

More recently Ryan has been linked to Oscar winning actress Sandra Bullock. His divorce from Hollywood beauty Scarlett Johansson was finalised in July of this year.

Olivia's marriage to Italian prince Tao Ruspoli broke down earlier this year and it's thought she's happy being single while she comes to terms with filing for divorce.

She has since being linked to Justin Timberlake and Bradley Cooper. (C) Cover Media