Katharine McPhee Signs Record Deal with Clive Davis!

Taylor Hicks may have won... but Katharine McPhee is doing just fine - having today signed a record deal with Clive Davis and 19 Recordings Unlimited. Her first two releases will be "Over the Rainbow" and "My Destiny". Her album should arrive shortly.

Learn more about Katharine McPhee with my McPheever Guide

Below is a short sniplet from the AP article that was just released:

The AP - Being the "American Idol" runner-up has its rewards, too. Katharine McPhee, who lost out to Taylor Hicks in the top-rated Fox show's finale two weeks ago, has signed a record deal with music mogul Clive Davis in conjunction with 19 Recordings Unlimited, the label managed by "Idol" creator Simon Fuller, it was announced Tuesday. The 22-year-old California native's recording of two songs — "Over the Rainbow" and "My Destiny" — will be released in stores and through digital outlets on June 27.