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HITS Daily Double

IB tease: Miley

MILEY’S MILESTONE: In her radical transformation, former teen star Miley Cyrus has become a pop-culture phenomenon and a force of nature as well as a singles machine—last week alone, her two tracks collectively moved nearly 580k. But few others in the business had the belief in Cyrus’ potential that Peter Edge and Tom Corson did at the time they signed her. Now, of course, what initially appeared to be a risky deal looks like a stroke of genius on the part of the ruling duo. So says HITS industry insider I.B. Bad in his latest column, appearing on the site Friday morning and loaded with similarly cogent takes and insights. (9/26p)