Justin Timberlake Soon to Be Crying a River as Partial MySpace Owner

Illustration for article titled Justin Timberlake Soon to Be Crying a River as Partial MySpace Owner

Let's cut to the obvious irony of this news: in The Social Network, Justin Timberlake played a web-savvy entrepreneur who kickstarted a unfathomably successful... social network. But in real life, Justin Timberlake just bought part of MySpace! Ha ha ha.

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We're not sure how much of his cash he sunk into this sinking-est of sinking ships, but, man, wouldn't buying a bunch of Chipotle franchises or opening a club have been an easier business deal? Certainly one less likely to fail miserably. But Justin's never taken the easy way out of things—oh no. Except in that movie where he just has mindless sex with Mila Kunis for two hours. Ah well. Enjoy your share of this ill-fated $35 million transaction, Mr. Timberlake! [Mashable]


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DISCUSSION

MySpace Music sites for artists was always it's one strength even as Facebook slowly took over its market share.

It looks like their going to focus on this aspect of the site. With the right features (including the music player and other features that were already apart of MySpace), it could easily overcome Facebook in being the preferred site for artists to have their web presence, even if the primary way users get there are through a link on the artist's Facebook page.

While the name MySpace doesn't mean much anymore, it will still be much easier to rebuild that brand as opposed to trying to start from scratch.