MySpace Acquisition Settled, Justin Timberlake Revealed To Be An Investor
Jun 30, 2011 18:18
Ruper Murdoch's News Corporation had recently agreed to sell Myspace to Specific Media for $35 million, a fraction of the $100m it was initially seeking earlier this year.
Hours after news of the sale went public, Timberlake announced his minority stake in the company. Based on a statement provided to The Hollywood Reporter, "The Social Network" star is set to help Specific Media develop the company's future strategy and creative direction:
"There's a need for a place where fans can go to interact with their favorite entertainers, listen to music, watch videos, share and discover cool stuff and just connect. Myspace has the potential to be that place," said Timberlake in a statement.
"Art is inspired by people and vice versa, so there's a natural social component to entertainment. I'm excited to help revitalize Myspace by using its social media platform to bring artists and fans together in one community."
In an interview with AdAge, Specific Media chief executive Tim Vangerhook revealed how Timberlake had put his own money into buying Myspace, but refused to disclose how much. He confirmed that the former N Sync singer will have an office in Myspace but that he was "probably not going to be there every day".
Are you aware that brain injury is the foremost cause of disability and death around the world? Out of all kinds of injuries that one may suffer, brain injury has the maximum chance of resulting in permanent disability and death. This is enough reason for anyone to consider an injury to the brain with utmost seriousness. In this article, we tell you how brain injury can impact you. Read more
There’s a spreadsheet program that comes with the Mac Operational System which is called Apple Numbers. Actually, it’s a part of Apple’s iWork suite. This program crates files with data organized into rows and columns and may as well be provided with some graphs, tables, images and formulas. Rows are usually labeled with numbers while columns are labeled using letters. An Individual sell can be determined by a unique combination of both. Read more
Introduction and Conclusion can cause the biggest problems for your research paper at college or university. You will be surprised, but the research part is not the most difficult one for a lot of students. The biggest problems they face when writing an Introduction and Conclusion. They don't know what can be included and what can't be included in these parts, while keeping a healthy balance between an introduction, body, and conclusion in terms of word count. Read more