Myspace is considering coming back to be the antidote to modern social media

Millennials may feel a twinge of nostalgia at the news of Myspace’s planned relaunch, but the reality is that carving out a place in today’s digital world is really difficult.

Its owners, Tim and Chris Vanderhook, co-founders of Viant Technology, recently appeared in a documentary, Myspace, directed by Tommy Avalone, in which they announced another relaunch after a previous failed attempt in 2013.

“Myspace is still ours. Right now we’re the caretakers of the Myspace brand, and we’re going to relaunch Myspace. We’re just waiting for the right time to do it,” they said in the documentary. “And if it doesn’t work this time, we’ll try again”.

The owners of MySpace say they are planning to relaunch the social media platform

“We’re just waiting for the right time to do it. And if that one doesn’t work, we’ll do it again” pic.twitter.com/6EXoWILrOH

— Dexerto (@Dexerto) August 4, 2026

Myspace, co-founded in 2003 by Tom Anderson and Chris DeWolfe, was acquired by the Vanderhook brothers in 2011. The platform is remembered for its peculiar interface, its customizable profiles, its flashy design, and everyone’s first friend: Tom.

What was once the most popular social network in the world, with 115 million monthly visitors in 2008, was quickly overtaken by Facebook and became a relic of the Y2K era.

The Vanderhook brothers tried to “modernize” the platform by creating a “completely new Myspace”. However, with constant ownership changes and the loss of advertisers to Facebook, the platform ran into trouble. “It became an avalanche of losses,” Tim Vanderhook said in the documentary. “We lost a little over 150 million dollars,” Chris Vanderhook added. That said, we still don’t have a clear relaunch date.

If Myspace were relaunched, it would enter a new and complicated era of social media, in which the dominant players, such as Meta’s Instagram, TikTok, Snapchat, YouTube, and Reddit, among others, are facing a wave of legal backlash, as well as growing digital fatigue.