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Bow Wow has announced that he plans to retire from the recording industry in a bid to concentrate on his burgeoning career in acting.

“I think I have a better chance at getting an Oscar before a Grammy. The music industry is so fickle, there’s so many politics. I think a lot of people don’t pay attention to the credits or the artistry no more,” the hip hop star said in an interview with the Associated Press. “I think there’s so much concern about what’s going on right now instead of the actual artistry. But that’s how the record business is. But for acting, I got that covered.”

The rapper will reprise his role on HBO’s Entourage this summer. He will also appear in the Hurricane Katrina-inspired basketball drama, Hurricane Season, with Forest Whitaker, Taraji P. Henson, and Lil Wayne, later this year.

Bow Wow just-released eighth studio album, New Jack City II.

Bow Wow came underfire Wednesday for dissing an interview with radio shock jock Wendy Williams to chat with her longtime rival–on and off the air–Hot 97’s Angie Martinez.

The self-proclaimed Queen of All Media has vowed to permanently ban the hip-hop star from her controversial show.

Bow Wow is currently promoting his new album New Jack City Part II.

Bow Wow “You Can Get It All” featuring Johnta Austin off of New Jack City II, due March 31.

Bow Wow “Roc Da Mic” Music Video (Featuring Jermaine Dupri)

Bow Wow has sparked rumors that he dating Rev. Run’s daughter, Vanessa Simmons, after the pair were spotted breathing down one another’s neck as V.S’ 25th birthday party at Mansion Nightclub in Miami on Saturday night.

They were “all over each other,” a spy tells the New York Post. “We all did a double take because she was dating pro skater Terry Kennedy.”

“She only had eyes for Bow Wow all night.”

Offcial Music Video: Bow Wow Ft. Soulja Boy “Marco Polo”

Bow Wow and Soulja Boy Behind-The-Scenes of their forthcoming “Marco Polo” music video.