Justin Timberlake's MySpace Plan: Is an 'American Idol'-Type Talent Show in the Works?

In recent years, MySpace has been all but destroyed by Facebook in the social networking game. So you might have been a bit puzzled to hear that buyers recently took over MySpace, and one of them was Justin Timberlake.

Yes, JT is now a co-owner of MySpace, and he has a plan. This time, he's not bringing sexy back. He's bringing MySpace back.

Timberlake, who played Facebook advisor/investor Sean Parker in "The Social Network," has officially taken on the position of Creative Director of MySpace.

In a recent release, he explained why he decided to become a part of the MySpace team.

“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. 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.”

Rumor has it that a proposed talent show is an idea that's been put out there among the new MySpace team. With JT in on the project, it would certainly seem that they have the right man for the job. If there's one thing the dude knows, it's music. If there's another thing, its wearing stubble.

The idea might seem a bit strange, but when you think about where MySpace is as a site, it makes a lot of sense. While MySpace isn't too popular anymore among those simply looking to socially network, it's still the place to go to put your music out there if you're not signed. Look up any indie band, and nine times out of ten there will be a MySpace page for them, allowing you to stream a few select tracks to get a taste of their style.

That means that the talent is there. It also means that, if it is successful as a publicity tactic, people will be reminded that even though you can't poke anyone, MySpace does still have some relevance.