MySpace was recently purchased from News Corp for a fraction of what the company paid for it. As it turns out Justin Timberlake was one of the big name investors who was part of the acquisition. Timberlake’s vision for the social media site is where emerging artists have a place to showcase their talents. Considering MySpace already is known for artists posting their music this shouldn’t be too hard of a transition.
Look out facebook MySpace could easily be the next big thing.