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I told you guys about MySpace being up for sale yesterday and now it looks like they may have a buyer…kinda.

Justin Timberlake purchased a considerable stake in MySpace after it was sold by News Corp. for somewhere between $30-40 million.

Timberlake says, “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.”

Do you think Justin Timberlake can save MySpace?

via TMZ

Photo: Getty Images

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