We'll get to the Ashton Kutcher-Mila Kunis dating rumors in just a second.

But first, Kutcher and Kunis' That '70s Show costar Wilmer Valderrama is breaking news with us that he's—get ready for it—recording his first music album!

Read on for the singing and dancing details...

"You're hearing the exclusive here, I'm probably going to be launching a little music in Spanish sometime this summer," Valderrama told E! yesterday at the Billboard Latin Music Awards in Miami.

"I've been singing and dancing since I was 6, and acting just kind of took off faster for me," he explained. "But I'm excited. I've been working with some incredible artists, incredible writers and producers that have been friends of mine for a long time."

The 32-year-old actor says the album will be in both English and Spanish. "I'm very excited," he gushed.

As for those reports that Valderrama's pals Kutcher and Kunis are hooking up, he said, "At this point, after 15, 16 years of our career, we've heard it all. So it is what it is, to be honest. We don't ever have a real opinion about it. We don't ever read. We don't even listen."

And what about a That '70s Show reunion? Valderrama teased, "I can't tell you it's really happening, but we're thinking that a That '70s Movie would probably be more appropriate than a '70s [TV] reunion."

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