Missy Schwartz
August 03, 2010 AT 10:54 PM EDT

Reuters is reporting that Simon Fuller’s 19 Management has replaced Sony Music with Universal Music Group as the label for American Idol artists. Beginning with the upcoming tenth season, Universal (the biggest music company in the world) will now market and distribute albums from AI finalists and the winner. In a statement, Fuller said: “I wanted to inject some new power and weight behind our brand. We have been quietly delivering hits relentlessly for 9 seasons and [Universal CEO] Lucian Grainge and [Interscope chairman] Jimmy Iovine’s ambition, commitment, and determination to push the boundaries and go even further with Idol was very compelling.”

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