Justin Timberlake takes stake in Myspace

Posted July 3, 2011 12:44 pm.

This article is more than 5 years old.

He starred in the Facebook movie, but Justin Timberlake is betting on Myspace.

Timberlake, who’s also out promoting his new movie “Bad Teacher” might have made a bad decision but only time will tell!

JT has taken a considerable stake in the failing Myspace site, which News Corp. sold off yesterday for around $35 million. WOW! Who coaxed him into that deal?

According to a statement, Justin will “play a major role in developing the creative direction and strategy for Myspace moving forward.”

Does anyone even use Myspace now? I closed my account a couple of years ago and I doubt I’m alone. Are you a Myspace user?

Did JT made a bad investment?

For more from Taylor Kaye visit KiSS 92.5.com, check out her blog or connect on Twitter.

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