Specific Media, an online advertising company, has purchased MySpace for $35million dollars. Yeah, MySpace kind of still existed. The company changed its logo a while ago and tried to be a more creative place. Nobody cared. The media only paid attention long enough to ridicule the site’s crappy new logo.

Back to the sale. Millions of dollars is a lot of money for normal people but it’s not a lot for a once might social network. Years ago, MySpace was an internet king! Now it’s a cheap, disease-ridden whore that has finally found a pimp… or a group of pimps.

One of the investors(pimps) in this deal is Justin Timberlake. How does this name sound? TIMBERSPACE! Eh, it sounds like a place that sells wood. Or a gay site.

Here’s what JT has said about the acquisition:

“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.”

This already exists, it’s called Twitter. Fans follow celebs and follow links to pics and videos. I think whatever JT was huffing when he made “Friends with Benefits” is responsible for this investment. The guy may need an intervention.

Press Release