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Miley Cyrus has signed a new record deal with Columbia Records, sources tell Billboard. She was previously signed to RCA Records for three albums. Both labels are owned by Sony Music.
A source close to the matter says the signing comes after Columbia chairman/CEO Ron Perry personally courted Cyrus, who released her well-received seventh studio album Plastic Hearts on RCA in November. The two have had a long relationship, the source says, as Perry has also been close with Cyrus’ manager Adam Leber of Maverick Management, her mother, Tish Cyrus, and her attorney, Bill Sobel.
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