timberlakediaz062011_05_X17230WM.jpgJustin Timberlake has big plans for Myspace ... and his manager, Johnny Wright, is ready to dish the deets.

Wright tells the Hollywood Reporter:

    "We want to bring the industry back to Myspace to really look at the talented people that have put their faces there. Whether it becomes a talent competition or something like that, those are things that we will still flesh out. We definitely want to bring the industry back to Myspace to really look at the talented people that have put their faces there."


Timberlake and Wright are planning to unveil their plans for Myspace at a press conference on August 17.

Find out more about Timberlake's Myspace deal ... after the jump.