Miley Cyrus recalls taking Pete Davidson to his first gay club: 'Everyone loves him there'

The star duo also recalled getting matching "WE BABIES" tattoos after doing the below Saturday Night Live sketch together in 2017:

As for Miley's New Year's Eve Party, Cyrus explained, "For this show, one thing that I really wanted to focus on was the musicality and getting to musically direct the show and have that be the priority of the show—that we have more of a variety show, where we have music. There's someone there making people laugh. It doesn't feel just like any other music event that you see all year."

"I think you get the best of the best to do what they're best at," the 29-year-old multi-hyphenate continued. "I know what I bring to the table. It's musicianship. And [Davidson] is the funniest, coolest, hunkiest guy in the world."

The special will be executive produced by SNL creator Lorne Michaels and broadcast live from Miami on Dec. 31 from 10 p.m. to 12:30 a.m. EST. Livestreaming on Peacock will also be available.