Justin Timberlake Buys Share In MySpace
He’s even got an office at MySpace headquarters…
Justin Timberlake has teamed up with digital media company Specific Media to buy MySpace for $35M.
The CEO of Specific Media, Tim Vanderhook, told reporters that the SexyBack singer will have a very hands-on role in running the social network. “Justin is going to be the creative force behind MySpace and help us drive the strategy of what the tools need to be for artists and what the community should look like.”
As well as his own office at MySpace HQ in Beverly Hills, JT will also have a staff of six to help him juggle his new role with his music and acting careers. "Justin will have an office at the MySpace offices,” Vanderhook confirmed. “He'll have a staff of about a half dozen people working on his behalf executing his ideas. Of course he's a busy guy with multiple careers, so when his time is open he'll be there to do things himself."
The hitmaker became involved in the venture when Specific Media approached him with the idea of teaming up on a joint bid. "The one thing that's been underreported is how excited Justin is to do this,” the CEO added. “I was blown away by his excitement level. I think he was blown away by his excitement level, too."
He’s always been a savvy businessman – JT already has his own fashion range, record label and Tequila, among other things.
The 30-year-old played Napster founder Sean Parker in The Social Network last year.