More than two decades after becoming one of the internet’s biggest social media platforms, MySpace is preparing for another comeback. Current owners Chris and Tim Vanderhook confirmed they are actively planning to relaunch the platform, saying they’re simply waiting for “the right time.” “We still own MySpace … we are stewards of the MySpace brand,” Chris Vanderhook said in the documentary. Launched in 2003, MySpace became the world’s largest social networking site before being overtaken by Facebook in 2008. Although previous revival attempts fell short, the Vanderhooks say they’re committed to trying again until they get it right.