Myspace Promotes Relaunch With $20 Million Ad Campaign

Myspace is back -- and it's spending a lot of money to make sure everyone knows it.

The once-dominant social network will begin airing its first commercials tonight to promote the public launch of the new and significantly redesigned Myspace, now under new management. The full unedited commercial, which you can watch above, is part of a $20 million ad campaign spanning broadcast, radio and digital platforms, according to a rep for the company.

It remains to be seen whether the company can change the public perception of Myspace. As the company's new co-owner Chris Vanderhook noted in an earlier interview with Mashable, "There's no fancy marketing campaign that will change that overnight."