Justin Timberlake Buys a Stake in Myspace
If he can bring sexy back, why not Myspace? It’s been revealed that Justin Timberlake was a significant financial backer of Wednesday’s $35 million dollar acquisition of Myspace by digital advertising firm Specific Media from former parent News Corp. Timberlake, who played Napster founder and Facebook investor Sean Parker in the ‘The Social Network’ will “lead the business strategy” for the new version of the floundering social network. Though he will have an office at Myspace HQ in Beverly Hills, Specific Media chief executive Tim Vangerhook said that JT is “probably not going to be there every day.”
