Does Justin Timberlake still own Myspace?
In June 2011, Specific Media Group and Justin Timberlake jointly purchased the company for approximately $35 million.
|2017 screenshot of the Myspace website|
|Founded||August 1, 2003|
|Founder(s)||Chris DeWolfe Tom Anderson Jon Hart|
How much money did Justin Timberlake make from Myspace?
MySpace peaked in 2008 with some 76 million U.S. visitors before losing ground to Facebook. News Corp. sold the company to Justin Timberlake and other investors in 2011 for $35 million.
Is Myspace still around 2020?
Yes, Myspace still exists and it is far from dead. It still has its Myspace domain up and running. Myspace was purchased and currently owned by Time Inc. since February 2016 and numerous redesigns and relaunches have occurred since then.
How much is Tom from Myspace worth?
Although 33-year-old Zuckerberg, Anderson’s former competitor, has a net worth of $67bn (£47bn), he has also spent the last few months embroiled in legal battles stemming from privacy breaches, a dangerous spread of fake news, and potential campaign tampering – all linked back to Facebook.
Is MySpace owned by Facebook?
In 2008, Facebook overtook Myspace in popularity; News Corp sold Myspace in 2011 to Specific Media Group and Justin Timberlake for $35 million.
When did Myspace lose popularity?
Since then, the number of Myspace users has declined steadily in spite of several redesigns. MySpace reached its lowest point of membership in 2010. They lost half of their monthly visitors in just one year. However, since introducing their new new music player, the site has signed up ONE MILLION new users.