Show me the money: Stan By Jonathon Moran From: The Sunday Telegraph December 20, 2009
AUSTRALIAN Idol winner Stan Walker has learned from previous winners and negotiated an improved deal to kick-start his music career.
After Damien Leith, who won the 2006 Idol series, declared he had made no money from the sale of 300,000 copies of his debut album, The Winner's Journey, Walker instructed his lawyers to pay extra attention when going through his contract.
Walker, 19, has set up his own company - Stan Walker Music Pty Ltd, headed by his mum, April - to negotiate his record deal with Sony Music so he doesn't end up like Leith.
Leith claimed he did not receive a cent of the estimated $3 million profit from sales of his album. The young father of two was so cash-strapped that he had to sell his car to pay his rent.
"I'm guaranteed some cash," Walker told The Sunday Telegraph of his album, Introducing Stan Walker.
"I've got that covered. I got that sorted because we heard about that thing with Damien. Our lawyer ensured that we'd get paid off this with royalties and a percentage of the album sales. When Damien said what he did, it made me ask a lot of questions. At the end of the day, I don't want to have nothing."
Leith and his runner-up, Jessica Mauboy, were reportedly victims of fine print in the contract for Idol contestants, which specifies that the Idol creators, 19 Entertainment, and producer Fremantle Media own the rights to their performances on the show.The records released by Sony, called The Winner's Journey, compiled those performances, leaving Leith and Mauboy without an income from their debut offerings.
Walker said he took a modest weekly wage from his company.
"I get a certain wage every week, so it's good for me," he said.
"I want to buy a house in Sydney at the end of next year."
Walker's album, recorded over just two days, includes covers of tracks that he made popular on the reality series.
These include Purple Rain, Let's Stay Together, Amazing Grace and We Will Rock You.
"This is just a glimpse of what I can do," Walker said. "I've already started writing for my next album."
Last edited by Simona7 on Sun Dec 20, 2009 12:13 pm; edited 1 time in total (Reason for editing : added date)