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Justin Timberlake Takes Stake in MySpace
Bringing sexy back
Justin Timberlake Takes Stake in MySpace
Justin Timberlake is taking a minority stake in MySpace after its acquisition by online advertising network Specific Media and will help the company develop its new strategy and creative direction. NewsCorp sold the troubled social network to Specific Media for $35 million, after purchasing it for $580 million 6 years ago.
6/30/11 1:07pm ET - The Hollywood Reporter
 
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