Entrepreneurship

4.11.2009

Cyrus became a spokesperson for Daisy Rock Guitars in 2004, when she was presented with her first Daisy Rock guitar — the Stardust Series Acoustic Electric Pink Sparkle. It was given to her by her parents from her father's Country Music Television fan meet-and-greet when she was 12 years old.

Disney released a Hannah Montana clothing collection in late summer 2007. Cyrus helped to design some of the pieces from the collection. In April 2008, Cyrus announced plans to write a book about her life and career, which she has since finished. The Disney Book Group bought the rights to the book for a reported 7 figures to be published by their imprint Disney-Hyperion Books for a scheduled release spring 2009. An initial printing run of one million copies is planned.

In December 2007, she was ranked #17 in the list of Forbes Top Twenty Superstar Earners under 25 with an annual earning of US$3.5 million. In April 2008, Parade and Us Weekly reported that Cyrus earned $18.2 million in 2007. Cyrus was ranked #35 on the "2008 Forbes Celebrity 100" with an estimated earnings of $25 million during June 2007 to June 2008. A wax figure of Miley Cyrus was unveiled at Madame Tussauds in New York City. In April 2008, Cyrus signed a contract to pen an autobiography reflecting on her life up to the age of 16. The memoir, called Miles To Go (ISBN 978-1-42-311992-0) was written with Hilary Liftin and was published by Disney-Hyperion Books in March 2009. The memoir discusses Cyrus' relationship with her father, her thoughts on the media, her love life, her future ambitions and milestones she still has to reach in her life. Miles to Go reached #1 on the New York Times children’s best seller list.


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