Instagram/SplashNewsOnline.com

Billy Ray Cyrus -- Raising a New Miley Cyrus ... Rocks Live with Noah Cyrus

Billy Ray Cyrus can't stop, won't stop ... cranking out talented spawn -- he performed live with Miley Cyrus' kid sister in L.A., and it sounds like the family's got a new revenue stream coming.

Click here for info about our online advertising practices.