MySpace's new owners, Specific Media, and Justin Timberlake -- who has an ownership stake in the company -- are considering plans for the site that include a possible talent show.
"Whether it becomes a talent competition or something like that, those are things that we will still flesh out," said Timberlake's manager Johnny Wright in an interview with The Hollywood Reporter.
"We definitely want to bring the industry back to MySpace to really look at the talented people that have put their faces there," Wright added.
Timberlake and the new management have said they plan to steer the site's focus in the direction of music and entertainment. MySpace may have been bleeding traffic in the last two years, but it's still a very popular site for bands and musicians, and Specific Media obviously plans to capitalize on this.