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THR's 2012 Digital Power 50

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    Who Pays the Way
    Ashton Kutcher and Justin Timberlake
    Ashton Kutcher & Justin Timberlake
    Founder, A Grade Investments; Equity investor, Specific Media

    If the old Hollywood dream was to act and direct, the new one, which Kutcher, 33, and Timberlake, 30, have realized, might be to invest in Internet companies and make yourself relevant in social media: Timberlake has 7.8 million Twitter followers and Kutcher 9.1 million. After a few early dot-com failures (Internet phone service Ooma, animated web show Blah Girls), Kutcher runs A Grade Investments with Madonna's manager, Guy Oseary, and has a portfolio including home runs like Skype and Foursquare, and startups with potential like Airbnb, which lets people rent out their apartments or spare rooms online, and Hipmunk, a travel search engine. In June, Timberlake made a risky investment in former News Corp. albatross MySpace with Specific Media. At CES 2012, they unveiled MySpace TV, a social-TV service that will allow viewers to chat about what they are watching while they are watching it.

    PHOTOS: 2012 Digital Power 50

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