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Myspace is planning another comeback — but analysts say it's a long shot

The Vanderhook brothers revealed the plan in a new documentary, though no timeline has been set and analysts warn the market is crowded

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Tim and Chris Vanderhook, the brothers who own Myspace, said they plan to relaunch the platform, though they offered no target date for when that would happen. The announcement came through a new documentary titled "Myspace," directed by Tommy Avalone.

"We still own Myspace. We are stewards of the Myspace brand at this point, and we are going to relaunch Myspace. We're just waiting for the right time to do it," the brothers said in the documentary. "And if that one........

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