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Timberlake: Forget Facebook, I'm Backing MySpace!

6/29/2011 3:30 PM PDT BY TMZ STAFF

At least one person still believes in MySpace -- because Justin Timberlake just purchased a considerable stake in the sinking ship.

0629_Justin_timberlake_getty_bn

Timberlake has not revealed how much he's invested in the company -- which News Corp. sold off today for somewhere between $30-40 million.

According to the official announcement, Justin -- who starred in "The Social Network" -- will "play a major role in developing the creative direction and strategy for [MySpace] moving forward."

JT released his own statement -- saying, "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."

Has ... had ... what's the difference?

68 COMMENTS

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Previous 15 Comments | 1 | 2 | 3 | 4 | 5
61.

Puckett    

Oh wow this story reminds me, i still need to delete my MySpace page that i nearly forgot about and haven't logged into in several years.

Thanks Justin.

1188 days ago
62.

Facebook Sucks    

Facebook sucks, I don't give a **** what you're doing and I don't want to look at pics of your braty kids.

1188 days ago
63.

Flower_Child    

I do kind of miss the music on MySpace. It was a great way to find new artists that don't get radio time.

1188 days ago
64.

Mike44090    

Justin has plenty of money to waste as long as he doesn't go too far. But it is a waste of money.

1188 days ago
65.

A Person    

Good Luck....

1188 days ago
66.

CC    

As a former MS employee...all I can say is bad move and good luck. That place is HORRID!

1188 days ago
67.

Karen    

Too many viruses and hackers on Myspace thats why I stopped using it.

1188 days ago
68.

Tony Bowler    

facebook is boring. Myspace was the first and the best, Hello streaming music! customizable profiles!

1188 days ago
Previous 15 Comments | 1 | 2 | 3 | 4 | 5

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