In this week's issue of PEOPLE, multiple sources confirm the pair have been spending time together for well over a year – but it's nothing serious.
"This is not some intense romance," a source with knowledge of the situation tells PEOPLE. "Jamie and Katie are friends and have been for a long time. They are two adults who are attractive and single, and so apparently conclusions will be drawn."
15:21 Tuesday Fast Five With Camila Banus13