Greyson Chance snapped up by Interscope? Watch your back, Bieber!

Greyson Michael Chance, 12, has the talent -- and the hair -- to be the next Justin Bieber. And, just like Justin, he was also discovered on YouTube, thanks to a video of his powerful rendition of Lady Gaga's "Paparazzi" performed at his school's six grade talent show held in a church.

CrazedHits reports (still unconfirmed) that he's now signed with Interscope Records and that Interscope [chairman] Jimmy Iovine closed the deal before any other label could even step in and meet the kid."