New Myspace takes it back to the future

June 12, 2013 4:47 PM

8 0

New Myspace takes it back to the future

The launch comes nearly two years after the Irvine, Calif.-based Specific Media owners teamed with Justin Timberlake to buy the ailing website for $35 million, a fraction of the $560 million News Corp. paid for it in 2005.

The new owners briefed media this week in the run-up to release. Timberlake was not made available, but the company says he provides the strategic vision for the company and was the person behind the idea of focusing on the creative community.

Also read: REFILE-UPDATE 1-Baker Hughes to form fracturing JV with Goldman Sachs, CSL Capital

Read more

To category page

Loading...