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The ninth-place Idol finalist has signed to Interscope Records, according to the Hollywood Reporter, and will release hew debut single, "This Time," on July 12. She's also slotted to perform the song as part of the summer's American Idol Love! Tour, which begins July 6 in Salt Lake City, Utah.
Toscano, who has been dating Dancing with the Stars pro Mark Ballas, is expected to release the album by the end of the year.
As for its sound, Toscano told PEOPLE earlier this year, "It's definitely going to be big ballads, but there's also going to be those fun up-tempo songs, those dancing songs."
"I feel like on the show people really only saw me in one way," she continued at the time, "and I want to show the world that I can do other things."
After news of her record deal broke, the singer shared her enthusiasm.
"I am thrilled to be joining the Interscope and 19 Recordings family," Toscano said in a statement released Tuesday. "[Interscope Geffen A&M Chairman] Jimmy Iovine was an amazing mentor during my time on Idol ... This is a dream come true."
