Just when we thought it was “Bye, Bye, Bye” for MySpace, the websites new owner and figure head is hoping you’ll be saying “I’m Loving It” after the newly revamped site relaunches.

Justin Timberlake is venturing into the web industry, but he might find that bringing “Sexy Back” was easier than reviving the one-time online social networking leader.

In this video, you can take a sneak peak at the all new Myspace:

You can’t join just yet, and when membership opens it will be an invitation only deal. Even if you have previously signed up for a MySpace account, you’ll have to snag an invite to come back. Justin and his business partners have wiped the site clean and hope to make a fresh start.

It looks like those who do give MySpace another chance will get a sleek new design, and while the website’s new leadership isn’t promoting any major breakthroughs in technology… they appear to be taking a stab at the most popular features from a variety of online portals such as Facebook, Tumblr, Pinterest and Google+. MySpace also boasts an impressive music library even beating out industry leaders like Spotify or Rhapsody. With Justin Timberlake at their disposal, growing within the entertainment field should be a breeze.

To request an invite to be a part of the new MySpace community, click here.