Someone is claiming this picture of Miley Cyrus in her panties was recently hacked from her phone. The picture is very old. In fact, HG posted this picture on January 20, 2007. Click here to see it.

Disney is considering not bringing Miley Cyrus back, and not renewing Hannah Montana after the show wraps up its third season. A Disney rep said today:

"Miley said it best when she said she’s delighted to be part of the Disney family. We start production on the third season of Hannah Montana on August 4, and have an option for a fourth season beyond that. We look forward to the Hannah Montana feature film coming to a theater near you in Spring 2009."

Miley herself said:

"We’re thinking this is our last season."

Miley turns 16 years-old in November, and already she’s has an offer to teach teens about using condoms for safe sex. She’ll also be driving in time for the holiday season, when there are bound to be a lot of parties where alcohol could be served.

Once Miley’s reign as tween queen ends, Demi Lovato and Selena Gomez will take over. We can hardly wait.

Miley Cyrus, aka Hannah Montana from Disney, got her own Special Collector’s Edition of People Magazine, which will be available on newsstands this Independence Day.

There was an accident on the new Hannah Montana movie set today involving a Ferris Wheel. Reports say several cables broke, and hit some of the riders, who were taken to a hospital for minor injuries. Miley Cyrus, who is in Tennessee filming, had just finished the scene when the accident occurred, and she was not injured. Video of the accident is below.

Ever since Miley Cyrus posed in a sexually suggestive manner for Vanity Fair, Hannah Montana’s rating have dropped like a rock.

The audience for Sunday’s new episode of the Disney Channel’s Hannah Montana fell 14% from the previous new episode, which aired just under two months earlier, according to the Nielsen Company.

Compared to the first original show of the year, which aired in January, viewership for Sunday’s show was down 26%.

Bob Iger, Disney’s president and chief executive officer, responded to the bad news by saying:

"With a new season of shows coming up, a new record in July and a theatrical film next year, the Hannah Montana/Miley Cyrus franchise is incredibly robust."

Hannah Montana still sells well enough, but Disney is now grooming Selena Gomez, star of Wizards of Waverly Place, to take over as the new tween queen. Wizards of Waverly Place is now the top show for the Disney.

The bottom line, parents care about what their kids watch, and who they watch. Miley needs to start lining up some more adult roles to go along with her adult behavior.