Clive Davis drops 36 percent of former ‘American Idol’ contestants from Sony’s BMG roster over the past year, including season two winner Ruben Studdard, season five champ Taylor Hicks, as well as first runners up Diana DeGarmo, Bo Bice, and Katharine McPhee. CNN’s Denise Quan spoke with Bice about the situation, as well as season four winner Carrie Underwood – who survived the cuts, and Billboard’s Geoff Mayfied.
“It’s not really let go as much as contracts are up,” Bice said of his departure. “You either decide to renew a contract or you don’t.” Bice was given a gold record for his first CD by RCA Records right after they let him go. “Two weeks after, three weeks after we parted ways with RCA, I was up her in New York getting a gold album from them for ‘The Real Thing’,” Bice explained. Now, Bice has released his second album independently through Wal-Mart. “A lot of this stuff has to be bankrolled by my pockets,” he said, “and I don’t have deep pockets.” Watch the segment at CNN.com.