P. Diddy: I was already on that plane, because me and Russell were having discussions. This is my 10-year anniversary producing, making music, and ... you're not what you were 10 years ago. It's just a natural evolution and having wisdom. I think that's what the conference was about, sharing our experiences and what we learn[ed] from all the things we went through. On the new album, I didn't plan it that way, but I probably said one curse word. It just was a frame of mind, the place I'm in. I just want to put positive energy out there. I'm not saying a curse word is putting out negative energy, but it depends what mood you're in. If you're in an angry mood, that's the kind of music you're going to make. But ... I just wanted to make people dance.

Sway: Will that affect the kinds of artists you sign to Bad Boy?

P. Diddy: Yeah. I'm not going to sign cats just trying to compete with Jay-Z, or [artists] trying to live Nas' life. I am not going to sign a 15-year-old kid from the suburbs talking about what Jay-Z is talking about. If there's a kid from Harlem that's going through and seeing all this stuff, I'm gonna definitely let him report what he is seeing. If it's hard, if it's soft, whatever.

Sway: Tell me about the gospel album you're working on.

P. Diddy: [It] comes out in November. I don't want people to get scared when they hear about gospel. It's really an inspirational album. It's not about religion, it's just [about] spirituality and being positive and giving thanks. It's important for us as artists to let kids know that, yeah, you can listen to Biggie and Tupac, but you always have to remember who has to come first in your life, and that's God.

All the money goes to an AIDS in Africa [charity] organization. There's a huge AIDS epidemic in Africa, and [one of] Bad Boys' [plans] this year is to give more awareness to that. We're gonna be doing a big charity concert helping to save some of the brothers and sisters in Africa. We have Kirk Franklin, Mary Mary, Faith, 112, Joe, Brandy and Brian McKnight [on the album]. I rap on one song with Fred Hammond, who's a gospel legend. I produced the album.

Sway: Do you feel a certain amount of pressure putting out an album about God? When you go back out on the streets, do you feel you have to watch how you act and what you say now?

P. Diddy: I think that's good that I have to watch how I act and what I say. I think that's a part of growing up.

Sway: Former Bad Boy artist Mase is now a minister. Did you ever consider putting him on the album?

P. Diddy: He doesn't want to perform anymore. It was something that we considered, but we hadn't worked [with] him on this even when he was signed to the label. We had a song [that featured] him called "I Love Him." But we took him off because he said he didn't want to be a musical performer, whether it was gospel or hip-hop.

Sway: Rumor has it Mase is writing a tell-all book about his experiences with Bad Boy. What do you think about that?

P. Diddy: I think it can be nothing but positive. I feel he would tell the truth. I don't feel he would sensationalize anything. We don't have nothing to hide. If he wants to write a book, we fully support him.

Sway: You formed the Three The ... clique with G-Dep and Black Rob. What's up with that project?

P. Diddy: We'll probably do something with that after G-Dep's album [and] after Black Rob's album sometime next year.

Sway: Talk about your role in the movie Made.

P. Diddy: Made is a movie with Jon Favreau and Vince Vaughn ("Swingers"). When I decided I wanted to be an actor, I said I wanted to work with quality actors and directors. A lot of times you have those [elements] together on independent films. So I said I'm gonna start out making no money, changing my clothes in the middle of the street, no makeup artists, straight raw. They're [Favreau and Vaughn] two fish-out-of-water [guys] that come to New York trying to get their hustle on. [RealVideo]

Sway: There are rumors that you're doing another movie with some big actors. You want to speak on that?