Justin Timberlake to play 'major role' in Myspace reboot.
Justin Timberlake is looking once again to a social network for a career hit, and this time it's Myspace. Last year, the pop singer won critical acclaim for his portrayal of Sean Parker, one of Facebook's early leaders and a co-founder of the former file-sharing service Napster. As noted on our sister blog Company Town on Wednesday, Irvine-based Specific Media announced that it had bought Myspace from Rupert Murdoch's News Corp. for $35 million in cash and equity -- a far cry from the $580 million that News Corp. paid for it just six years ago, when Facebook wasn't seen as much of a threat.