03/06/2013 12:48 pm ET Updated Mar 06, 2013

Miley Cyrus Signs With Britney Spears' Manager, Larry Rudolph

Miley Cyrus and Britney Spears now share something other than a past with Walt Disney.

Cyrus has signed with Spears' longtime manager, Larry Rudolph, E! News reported Tuesday. "Larry has the track record to handle an international pop star like Miley," a source told the network.

The 20-year-old's mom, Tish, will remain her co-manager. Cyrus split from her former manager, Jason Morey, last February.

Rudolph has been working with Spears since 1999 and helped turn her from a Mouseketeer into a superstar. The two parted ways in 2007 but reunited just a year later. He helped revitalize her career with "Circus" in 2008.

The veteran manager could have big things in store for the former "Hannah Montana" star.

After signing a deal with RCA Records in January, Cyrus is set to release a new album on the label in late 2013, according to Billboard. This will be the follow-up to her lackluster 2010 release, "Can't Be Tamed," which sold just 343,000 copies in the U.S.

Producer Ernest "Tuo" Clark of Das Internz, who is currently working with Cyrus, hinted at what fans can expect from the "So Undercover" actress.

"I can say it's definitely going to shock a lot of people; definitely grown up," Tuo told MTV News of the upcoming album. "It's natural; it's not her trying to do like pop, four on the floor. What she did was, I just feel like, was different and needed in the game and, then, for her a huge 'wow' factor."

Last year, the singer expressed a desire to make a lasting mark on the music industry. "I want people to remember me for things that are great," Cyrus told the Associated Press in November. "Much bigger than the comedies that I do, but more about the music that I write and the songs that you leave for the world to think about."



Miley Cyrus' Transformation