Justin Timberlake Invests In MySpace, Emmy and Grammy winning singer and actor Justin Timberlake is among the investors who are buying most of MySpace for a reported $35 million.
Timberlake will "play a major role in developing the creative direction and strategy for the company moving forward," according to a press release issued by Specific Media, the Irvine-based digital advertising firm that is buying control of MySpace from News Corp., which will retain a minority stake.
“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,”
