Say what?

Wilmer Valderrama just released his first music video … as new alter-ego “Eduardo Fresco.”

The former “That ’70s Show” star does his best Enrique Iglesias impression in the clip for “The Way I Fiesta” — which was directed by Akiva Schaffer, one of the members of comedy rap group The Lonely Island.

WATCH THE VIDEO HERE

Disney princess Demi Lovato, rebounding with former That ’70s Show actor Wilmer Valderrama? Maybe not so much.

In one of the rumors to emerge since Lovato, 18, entered rehab last week to be treated for “emotional and physical” issues, the New York Post reported today that Lovato began dating Valderrama, 30, after her breakup with Joe Jonas earlier this year.

Unfortunately, as enticing as this celeb-dating tidbit might be, it seems to have no basis in reality. Contacted by Celebuzz about the Post’s story, Valderrama’s rep, Heidi Slan, flatly stated,

“It is false.”

According to the Post’s story, Lovato and Valderrama—whose past conquests reportedly include Lindsay Lohan, Mandy Moore, Jennifer Love Hewitt and Ashlee Simpson—first met in March, while filming a PSA for Chilean earthquake relief. After Lovato and Jonas called it quits, a source on the Camp Rock 2 tour claims, Lovato made no secret that she had begun a new romance with Valderrama:

“The two started seeing each other in May right after her breakup with Jonas. She would show us pictures of them together.”

According to a source close to the singer/actress, Lovato is currently “doing great” in treatment.

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Actor Wilmer Valderrama still regrets candid comments he made about ex-girlfriends Mandy Moore and Lindsay Lohan during a radio chat with shock jock Howard Stern.

The former That 70′s Show star stunned fans and his former flames in 2006 when he opened up about taking Moore’s virginity and busty Lohan’s body waxing regime on Stern’s risque show.

He told Stern, “The sex with Mandy was good, but it wasn’t like warm apple pie,” and referred to ex Ashlee Simpson as a “screamer” in bed. He told the DJ Lohan was a “big fan of waxing”.

Moore responded to his on-air comments, admitting she was upset by what Valderrama had said and now, four years later, the star is still living with the shame.

He tells BlogTalkRadio.com, “I definitely learned a lot from this industry and, in the last 10 years, about the media. I learned that no matter who you really truly are there will be instances where you put your guard down and you just have to be aware of that.

“That stuff that at one point was the topic and the flavour of the month was one of those things where I understood that I had a choice… I could just not make.”

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A buff Wilmer Valderrama and Tom Hanks film “Larry Crowne” on location in Altadena, California today. I’m not exactly sure what role 30 year old Valderrama is playing, but he joins cast members Tom Hanks and Julia Roberts.

Bauer Griffin

She filed for divorce from Deryck Whibley just last month, but Avril Lavigne has already found a new man: Lindsay Lohan’s ex, Wilmer Valderrama.

“They have been friends since working together on Fast Food Nation in 2005, but things heated up last month,” an insider tells Life & Style.

“One of their first dates was Oct. 29 at Nobu in West Hollywood.” Avril, 25, and Wilmer, 29, took things public at LA club Wonderland last Saturday. “She had her hand on his knee and they were whispering in each other’s ear, laughing,” says a witness. “They even closed the club, sneaking out just after 2.”

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When did he get so… manly?

Fame