The Hollywood Reporter is reporting that American Idol Season 12 3rd place finisher, Angie Miller, has signed an exclusive co-publishing deal with Universal Music Publishing group. The company will share in the profits of current and future compositions from Angie and handle the administration of her work.
For those of you unfamiliar with how publishing deals work, THR explains:
Under the terms of a co-publishing agreement, the writer typically transfers a portion of the copyright and retains the remaining percentage for his or her own publishing company, according to independent A&R service TAXI. In addition, the songwriter receives not just the standard 50 percent share of earnings, but also a portion of the other half that’s normally allotted to the music publisher. There is also the possibility of an advance, although in the case of Idols, it’s more likely folded into the finalists’ 360 deals.
The deal would cover Angie’s self-penned single, “You Set Me Free.” Angie has hinted in recent interviews that she’s close to signing a label deal. Stay tuned!