Specific Media Buys Myspace, Timberlake Takes Stake
MediaPost, June 29, 2011
By Gavin O'Malley
Marking the end of a social era, ad network Specific Media announced the acquisition of Myspace. And in a strange twist, music star-cum-actor Justin Timberlake is also taking an undisclosed ownership stake in the company, and is expected to play a key role in re-imagining the MySpace brand.
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