He had the looks, the humility and the vocal talent that made many think a life of superstardom was all but guaranteed. But just three years after [artist id="3080429"]David Archuleta[/artist] charmed audiences as the runner-up on the seventh season of "American Idol," the 20-year-old performer has been dropped by Jive Records, his label since 2008, according to The Hollywood Reporter.

Hot on the heels of his appearance on "Idol" and buoyed by the popularity of his single "Crush," Archuleta's self-titled debut album sold more than 750,000 copies in America and nearly a million worldwide, rocketing the crooner to #2 on the Billboard 200.

His second, and newest, album has failed to ignite, however. Released on October 5, 2010, The Other Side of Down has stalled at just over 60,000 units.

It's a certain setback, but if the younger Archuleta has anything to say about it, not a permanent one.

"I hope to always be myself, except more mature and knowing more," [article id="1589904"]Archuleta said[/article] in an interview with MTV News in 2008. "Hopefully I'll still be making music five years from now. I don't want to give it up. I want to continue on with it, and if there's a chance to make more albums, I definitely want to do that."

Despite being pegged early as the eventual winner, Archuleta lost in the season-seven finale of "American Idol" to David Cook. He received 44 percent of more than 97 million votes.

Get your "Idol" fix on MTV News' [article id="1486475"]"American Idol" page[/article], where you'll find all the latest news, interviews and opinions.