Paula Abdul, who decided to exit from "American Idol" earlier this year, reportedly will develop her own recording company. She is allegedly interested to sign the Idol outcasts who are considered to have potential but were dropped from the Idol label, 19 Recordings.
"Paula's not naming any names because she wants to sign talent quietly so she can maximize her investment," a source told The National Enquirer. "But she definitely has her eye on artists who released records, and then got lost in the shuffle."
If the rumor is true, Paula will try to reach out the likes of Katharine McPhee, Ruben Studdard, Blake Lewis, Taylor Hicks and other former Idol contestants who have left 19 Recordings.
On previous news, Paula Abdul was set to announce nominations for this year's American Music Awards alongside Adam Lambert and Snoop Dogg on October 13 at The Beverly Hills Hotel.
