Justin Timberlake Is Bringing MySpace Back

It’s The Social Network come to life! In a time where Facebook and Twitter rule, who really uses MySpace anymore – anyone? Bueller? Under its new owner Specific Media, which finalized an acquisition for $35 million on Wednesday, MySpace is expected to focus on music. That’s where Justin Timberlake comes in!

It was announced via Specific Media that The Social Network actor is taking a minority stake in MySpace after its acquisition by online advertising network Specific Media and will help the company develop its new strategy and creative direction, reports The Hollywood Reporter.

“There’s a need for a place where fans can go to interact with their favorite entertainers, listen to music, watch videos, share and discover cool stuff and just connect. Myspace has the potential to be that place,” Justin said in a statement. “Art is inspired by people and vice versa, so there’s a natural social component to entertainment. I’m excited to help revitalize Myspace by using its social media platform to bring artists and fans together in one community.”

While his title at MySpace is still yet to be determined, it looks like JT will be getting down to business with the head honchos sooner than later.

Said Specific CEO Tim Vanderhook:“We look forward to partnering with someone as talented as Justin Timberlake who will lead the business strategy with his creative ideas and vision for transforming MySpace.”

Maybe Justin should celebrate this by making a new album…

Do you think Justin Timberlake can save MySpace?