JT considering talent contest for MySpace

THAT OTHER SOCIAL NETWORK: Manager Johnny Wright told the AP that Justin Timberlake is considering a talent contest as one way of reviving MySpace. Timberlake took an ownership stake in MySpace just after ad network Specific Media shelled out $35 million for the torn-and-frayed last week. "We definitely want to bring the industry back to MySpace to really look at the talented people that have put their faces there," Wright said. Timberlake and Specific Media’s avowed strategy for the revamped MySpace would be to refocus on new and emerging artists. They’re expected to jointly reveal their plans at a press conference on Aug. 17. (7/6a)