After starring in the movie “The Social Network,” pop star Justin Timberlake buys his own social network – Myspace.

Specific Media, which earlier today purchased MySpace from News Corp., announced Timberlake’s involvement as one of the owners of the “other” social network.

Specific Media released the following statement:

“As part of the deal, Emmy and Grammy winning artist Justin Timberlake will also take an ownership stake and play a major role in developing the creative direction and strategy for the company moving forward.”

They added: “Specific Media and Timberlake plan to unveil their vision for the site in an exclusive press conference later this summer.”

The firm also disclosed that MySpace will become “the premiere digital destination for original shows, video content, and music.”

Timberlake recently portrayed the role of Napster founder Sean Parker in “The Social Network.” The Oscar-winning film is about the creation of Facebook, known as the biggest rival of Myspace.