I was just thinking the other day - does Myspace still exist?  Well it does, and as of yesterday, Myspace has Justin Timberlake as one of the main masterminds behind it. The only thing I can think of is that Justin appreciates the music capabilities of the site, and wants to advance it.  What do you think?  Do you still have a Myspace account?  Does this make you more interested in the site?  ~Erin

LOS ANGELES – Justin Timberlake apparently wasn't satisfied with just playing a social media impresario in the movies, so now he's becoming one in real life.

The pop star, who played Napster co-founder Sean Parker in "The Social Network," a movie about Facebook, has joined Specific Media in buying its downtrodden rival, MySpace, from News Corp. in a deal that closed Wednesday.

Timberlake will have an office at MySpace's Beverly Hills headquarters and a staff of about a half dozen people working for him "around the clock" developing his ideas for the site, said Specific Media CEO Tim Vanderhook.

via Justin Timberlake Part of Group Buying MySpace - FoxNews.com.