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Does Top Winner In American Idol Get Money

American Idol

ABC/Eric McCandless

The finale of "American Idol" is finally here, but when the winner is crowned tonight, what practice they really win?

According to Newsweek, the winner will take home a tape deal with Hollywood Records in addition to a cash prize.

But how much do they actually make? Has that amount ever stayed the same?

Hither's what you demand to know:


How Much Money Do They Win?

According to Newsweek, an judge of what the "Idol" winner takes home was leaked to the press 2 years agone.

The Blast obtained a copy of third-place finisher Madison VanDanberg's contract, and it showed that while the winners of the show take home $250,000, they "volition have to encompass a lot of the costs of producing their ain music."

The outlet wrote, "Co-ordinate to the official contract signed by 17-year-old Madison VanDenburg and other 'Idol' finalists, each finalist records three original tracks during the competition, which can be used freely as they wish. The show volition then sign the winner (and peradventure the runner-upwardly) to Hollywood Records. They will become paid $125k to showtime and some other $125k when they turn in their first album. The runner-upward could be paid $87,500 plus another $87k when they finish."

The Boom added that the winner is paid $1,000 a week while recording their hits, forth with a 15% royalty rate for their offset 3 albums.

"Once the contract is commenced, the 'American Idol' winner has four months to manus over the finished anthology. A upkeep of $300,000 will exist approved for the recording, only it counts as an accelerate."

The Blast also stated that the commencement nine season winners took home "at least $ane 1000000", merely that amount changed when the evidence was "revamped."

In 2010, The New York Times reported that Kris Allen, the winner from the year prior, earned $650,000 from "American Idol"– a figure that was based on numbers from contracts the outlet had obtained.

At that fourth dimension, the Times revealed that before the show was revamped, "… finalists who reach the Top 5… are likely to earn close to $100,000 from the show and three to four times that if the 'Idol' producers sign them to a record bargain."


'American Idol' Stars Today

To engagement, stars like Kelly Clarkson, Jennifer Hudson, Carrie Underwood, Jordin Sparks, and Fantasia have used their momentum from "American Idol" to establish incredibly successful careers, and it's just a matter of time to see who will exist crowned the Season 19 winner.

Hollywood Records– the characterization the winner, and potentially the runner-up, will sign with– is responsible for many stars' careers, from Olivia Holt and Sofia Carson to Jordan Fisher, Queen, Ocean Park Standoff, and Bea Miller.

Co-ordinate to a contempo article in The Things, after Just Sam won the 18th flavour of "American Idol", the artist's net worth "increased rapidly."

The outlet wrote, per Starsgab, that the 21-year-old "… went from being an average girl to a immature lady that carried a significant title… and a $1 meg net worth."

This evening, the winner of "American Idol" will be crowned when the bear witness arrogance at 5 p.grand. Pacific time, 8 p.k. Eastern time.

Source: https://heavy.com/entertainment/american-idol/what-does-winner-get-win-prize-money/

Posted by: petersenloure1948.blogspot.com

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