Myspace Axes Over Half of Staff, Welcomes Justin Timberlake as Part Owner

If you’re one of the few remaining employees of Myspace, you’re now working for Justin Timberlake. The pop star is a part owner of Specific Media, the company that just purchased Myspace. Timberlake said in a statement “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.”