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Justin Timberlake's journey from the Mickey Mouse Club to MySpace

NEW YORK, NY - JUNE 20: Actor Justin Timberlake attends the premiere of "Bad Teacher" at the Ziegfeld Theatre on June 20, 2011 in New York City. (Photo by Jason Kempin/Getty Images)
Jason Kempin
Justin Timberlake attends the premiere of "Bad Teacher" on June 20, 2011, in New York.

(CBS) Justin Timberlake has gone from playing Napster co-founder Sean Parker in the film "The Social Network" to actually owning a stake in a real-life social network.

As if the actor-singer-businessman didn't already have enough on his plate.

Pictures: Justin Timberlake

Recently, Timberlake has been doing basically anything else that isn't making new music. His last solo album, "FutureSex/LoveSounds," came out in 2006 - that means it's been FIVE YEARS since "SexyBack" hit the airwaves.

Since then, the former "Mickey Mouse Club"/NSYNC star has moved on to movies ("The Social Network," "Friends with Benefits," "Bad Teacher"), is the co-founder of fashion line William Rast, has his own record label, launched his own brand of tequila, co-owns restaurants and has been pretty funny on "Saturday Night Live." Now he's adding tech ventures to that list.

Specific Media, which purchased MySpace from News Corp., announced Timberlake's involvement on Wednesday. 

"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," Specific Media said in a press release. "Specific Media and Timberlake plan to unveil their vision for the site in an exclusive press conference later this summer."

In the meantime, the company adds, MySpace will become "the premiere digital destination for original shows, video content, and music."

How much of an investment Timberlake put in to the deal, which is rumored to be worth $35 million, is unknown.