Hey, remember how MySpace was relevant for, like, four years last decade before being purchased by Rupert Murdoch, right before it got utterly crushed by Facebook? Yeah, that was an ill-fated decision, huh?
Turns out, it was partially bought by…multi-faced superstar Justin Timberlake. According to a press release from Specific Media — the company that made the Myspace acquisition — Timberlake’s passion is helping other artists get more exposure, which we guess means your friend’s band still has a place to market their music.
It also apparently is aiming to become a destination for original video programming, in addition to streaming music. So, basically, the plan is to stop trying to be Facebook and start trying to be YouTube?