17-year old American Idol runner up, David Archuleta, today announced his signing of a record deal with 19 Recordings/Jive Records. Archuleta is expected to release his debut album later this year.
Archuleta could potentially join other "Idol" losers who have gone on to reap huge success from their time on the show. Chris Daughtry, Jennifer Hudson and Clay Aiken lost in their season, however they have all gone on to solid music/entertainment careers.
Archuleta was expected to win this year's American Idol contest, but was bested in the end by David Cook. Simon Fuller, the creator of American Idol, is also the founder of 19 Recordings.