Earlier this week, Diddy announced via his Twitter that he has inked a contract with talent agency Creative Artists Agency (CAA). The agency, which also home to such Hollywood royalty as Meryl Streep, Brad Pitt, George Clooney and Steven Speilberg, will apparently be handling all of the Bad Boy Entertainment CEO’s acting work.

Diddy said that he is thrilled to have inked the contract with the CAA, and that he hopes to be hitting the silve screen in a leading role soon. He also said that he is thankful for his role in last year’s comedy Get Him to the Greek, saying that he feels the critics’ response to his role gave him validity as an actor.

Im very happy and proud to announce that I have signed with CAA as an ACTOR!!! –> http://www.variety.com/article/VR1118032688 GOD IS GREAT!less than a minute ago via web

Get Him to the Greek was a huge breakthrough for me as an actor-i think it made people start to take me seriously-Im so blessed..im so readyless than a minute ago via web

In other news, CNN is reporting that Apple and a number of other digital music retailers are considering changing the quality of downloadable songs.

MP3s purchased through iTunes and other digital music stores are currently compressed to 16-bit files, but most professional music producers record in the studio in 24-bit format, which gives the music a far more realistic sound. Now, companies like Universal Music Group are working with digital retailers to release 24-bit MP3s at a premium price.

“We’ve gone back now at Universal, and we’re changing our pipes to 24-bit,” said Interscope Records chairman Jimmy Iovine. “Apple has been great. We’re working with them and other digital services – download services – to change to 24-bit. And some of their electronic devices are going to be changed as well. So we have a long road ahead of us.”

A number of artists have already been seeking out new avenues to provide fans with the highest quality MP3s. Rock group Radiohead began selling its latest album King of Limbs through it’s website in both high quality and uncompressed files for $9 and $14, respectively. Similarly, Nine Inch Nails’s Trent Reznor and rapper/poet Saul Williams released their 2007 album The Inevitable Rise and Liberation of NiggyTardust! an uncompressed format as well.

“What we’re trying to do here is fix the degradation of music that the digital revolution has caused,” Iovine added. “It’s one thing to have music stolen through the ease of digital processing. But it’s another thing to destroy the quality of it. And that’s what’s happening on a massive scale.”

Finally, the Internal Affairs department of the Philadelphia Police Department is currently investigating Officer Robert Acevedo Jr. after learning about his former rap career under the name Young Reek.

According to AllHipHop.com, the investigation began after learning of his former career and a 2008 out-of-court settlement he won for police brutality. Police claim they were worried about the fact that Avecedo rapped about smoking illegal substances and threatening to kill people in some of his songs.

Despite the investigation, former Philadelphia Police Commissioner John Timoney came to Avecedo’s defense. He says that while objecting to his lyrical content is one matter, Avecedo passed the mandatory drug test and has had no prior criminal cases, making it legal for him to be a police officer.

“You may have a conflict of conscience but not a conflict of interest here,” said Timoney. “I don’t know how it didn’t come up in background check, but even if it did, the issues that disqualify you are drug testing and prior contact with the justice system. Being litigious won’t disqualify you.”

Acevedo gave up his rap career in 2010 to join the police force. He was also named Best Latin Artist at the Philly Hip Hop Award in 2009s.