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Will Smith, Justin Timberlake among investors in digital bank Step

Step, a digital bank for teenagers, named several celebrities and executives from major companies as investors in its latest round of funding. On Wednesday, the San Francisco company announced a $50 million series B round of funding, led by investment advisory Coatue Management with participation from returning investors Stripe, Crosslink Capital, Collaborative Fund and singer and actor Will Smith’s Dreamers VC. New investors include dancer and social media personality Charli D’Amelio, singer Justin Timberlake and…

0 Business, Sport

Justin Timberlake becomes an investor, joins effort to bring Major League Baseball to Nashvill

Ten-time Grammy award winner Justin Timberlake cast his lot Wednesday with Music City Baseball, the group gaining momentum in its effort to bring a Major League Baseball franchise to Nashville. The team’s name will be the Nashville Stars and it’s difficult to imagine a bigger star than Timberlake joining the mix. The multi-faceted entertainer is a Memphis native and avid sports fan who became a minority owner of the Memphis Grizzlies in 2012. “I am thrilled to be involved in the…

0 Business, Sport

Does Justin Timberlake Own the Memphis Grizzlies?

The celebrity world is full of avid sports fans who love to root for their favorite teams, from Jack Nicholson, to Spike Lee, to Mark Wahlberg. A small subset of celebrities even dream about owning their own franchises. Yet with most American sports teams valued in the billions of dollars, achieving that goal can prove difficult for even the hugest mega-stars. One celebrity who has accomplished that dream is Justin Timberlake, an owner of the Memphis Grizzlies NBA team.

0 Business

Justin Timberlake Among Stars Sharing Their Stories to Help Next Generation of WME Agents

It’s a tough time to be in the agency business as of late, with pay cuts, furloughs and layoffs all implemented so the industry can stay afloat amid the devastating COVID-19 pandemic. Even with those tough blows, WME has found a way to forge ahead with seminars and trainee talks under the “WME U” banner, as in WME University. The program, designed to keep employees informed, inspired and connected, has pivoted to virtual events that…

0 Business

Sandbox VR Raises $11 Million From Justin Timberlake, Will Smith, Others

Hong Kong-based virtual reality startup Sandbox VR has closed an $11 million funding round, bringing the company’s reported total to $83 million in 2019 following a Series A round earlier this year. Led by Craft Ventures’ David Sacks and Andreessen Horowitz Cultural Leadership Fund, the funding round includes Katy Perry, Justin Timberlake, Will Smith and Orlando Bloom among a celebrity-packed group of new investors. Also on the list are Hollywood super-agent and CAA co-founder Michael Ovitz; Japanese soccer star Honda Keisuke; Kevin Durant and his manager, Rich…

0 Business

Southern Hospitality Barbecue Joint Once Backed By Justin Timberlake Closes

Hell’s Kitchen barbecue spot Southern Hospitality, best known for once being affiliated with Justin Timberlake, is now closed. The restaurant at 645 Ninth Avenue, near 45th Street, recently stopped opening its doors even though tables are seemingly set up for service inside. Southern Hospitality has yet to announce the shutter, though a spokesperson confirms it and tells Eater that the space will transition into a new concept in the fall. Owner Eytan Sugarman originally opened the Memphis-style barbecue spot on the Upper East Side…

0 Business

This New Manhattan Members Club is Justin Timberlake–and Tiger Woods–Approved

If you thought the members-club model had already reached critical mass (we certainly did), you might be wrong. Of course, there are the Soho Houses and the Ivy League alumni clubs, the clubs for creatives, the clubs for women, and even the clubs for debauchers (we’re looking at you Playboy Club) but now there’s a club that might just outdo them all. Nexus Club New York quietly opened last month on the seventh floor of 100…

0 Business, TV & Movies

NSYNC’s Lance Bass gives boy bands a platform to discuss disgraced manager Lou Pearlman in new documentary

It was a cheque that blew the lid on the duplicitous dealings of one of pop’s most controversial music managers. Having already turned Backstreet Boys into a 1990s boyband juggernaut, Lou Pearlman had become the mastermind behind ‘NSync, designed as rivals to his other band. After three years of nonstop work and tens of millions of record sales, in December 1998, he invited the five singers and their families to an expensive restaurant to officiate…

0 Business

Justin Timberlake Emerges Victorious in Lawsuit Accusing Him of Deceiving Bai Beverages Customers

Justin Timberlake has scored a big win in the lawsuit accusing him of deceiving customers who bought the beverages he hawks after a judge dropped him from the case. According to court documents obtained by The Blast, a federal court judge has dismissed all claims against Timberlake in the class action lawsuit filed over the ingredients in Bai Brands Beverages, which Justin Timberlake has endorsed. The judge ordered that the claims against Timberlake were filed in…

0 Business

Mud Island home with Justin Timberlake connection sells for $890,000

A Memphis home with a link to Justin Timberlake has sold. The 4,300-square-foot home on Mud Island served as a business address for Timberlake’s Tennman Entertainment. The house, which sold for $890,000, was built in 1995 and has three bedrooms and three-and-half baths. Valley View Revocable Trust, which is connected to Timberlake’s family, bought the house in 2006 for $1.1 million, according to records. Real estate news concerning Timberlake isn’t confined to Memphis. The…

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