Myspace could soon make a comeback after nearly two decades on the decline, as its owners seek a fresh start to compete with the current social media giants . The owners of the once-popular social media platform, brothers Tim and Chris Vanderhook, announced plans to relaunch MySpace with a new vision. The brothers said they want to create a platform that feels different from current social media platforms, which many users complain are too focused on algorithms and are designed to encourage endless scrolling. It wasn’t the same Myspace," Tim explained in the documentary. Between 2005 and 2008, Myspace was considered the most popular social media website.