Is Justin Timberlake really bringing MySpace back? That could be the case, according to data released by the company on Monday. MySpace claims that it now has “an average of 40,000 new registrations daily” and says it has added more than a million new users since launching its new MySpace Music Player in December.

The site also touts its library of 42 million songs as the world’s largest collection of free music, signifying that services like Spotify — not Facebook or Google+ — may be its real competition.

“The numbers tell an amazing story of strong momentum and dramatic change for Myspace,” company CEO Tim Vanderhook said in a statement. “And the one million-plus new user accounts we’ve seen in the last 30 days validates our approach.”