We’re not sure how much of his cash he sunk into this sinking-est of sinking ships, but, man, wouldn’t have buying a bunch of Chipotle franchises or opening a club have been an easier business deal? Certainly one less likely to fail miserably. But Justin’s never taken the easy way out of things – oh no. Except in that movie where he just has mindless sex with Mila Kunis for two hours. Ah well. Enjoy your share of this ill-fated $US35 million transaction, Mr Timberlake! [Mashable]
Aaron
Thursday, June 30, 2011 at 10:13 AMDidn’t Ruper Murdoch buy MySpace for $100m just as facebook was on the rise?
Christian
Thursday, June 30, 2011 at 12:38 PMit was more like a $1b plus was it not?
Andronicus
Thursday, June 30, 2011 at 2:49 PMRupert, well News Ltd paid $300 Million for it a little while ago…and then everyone joined facebook.
Cut to a few years later and he offloaded it to JT and an Advertising company for $35 mil.
Adam
Thursday, June 30, 2011 at 10:24 AMI was intrigued by the article and wondering what justin has planned with the purchase but then saw the line “having mindless sex for 2 hrs with Mila Kunis” and now totally forgotten what the article was about.
olearymo
Thursday, June 30, 2011 at 11:06 AMJustin, bit of advice: drop the ‘My’, just ‘Space’. It’s cleaner.
Matt L
Thursday, June 30, 2011 at 12:09 PMI see what you did there – meme
olearymo
Thursday, June 30, 2011 at 4:06 PMthankyou, thankyou, I’m here all night
Adam
Thursday, June 30, 2011 at 5:13 PMLmao, nice
Steve
Thursday, June 30, 2011 at 12:03 PMWhy would he blow his money on this shit. They probably give company stock on toilet paper rolls like that Simpsons start-up.
Franz
Thursday, June 30, 2011 at 7:46 PMDid he get blackmailed to buy this or what? I hate the guy, but damn.
I read today that myspace has 500 employees, I was amazed.