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Business2 sources

The New York Times is in talks to buy Letterboxd for around $330 million

Tech | The Verge · By Jay Peters ·

Letterboxd’s homepage. The New York Times Company is in talks"exclusive negotations" to acquire Letterboxd, the social network for film lovers, for around $330 million, The New York Times reports . The Times Company, Sony Pictures Entertainment, and A24 were all recently rumored…

Read the full story at theverge.com ↗

The Brief

  • The New York Times Company is reportedly in exclusive talks to acquire Letterboxd, the film social network.
  • The reported price is around $330 million.
  • Sony Pictures Entertainment and A24 were also recently rumored in connection with Letterboxd, according to The Verge.

Why it matters

The deal would change who owns a major film-focused social platform. The sources do not describe any change to Letterboxd's products, APIs or data practices.

  • #letterboxd
  • #new-york-times
  • #acquisition
  • #film
  • #social-network

Timeline

  1. Reported that The New York Times is in talks to buy Letterboxd for about $330 million

  2. Tech | The Verge

    The New York Times is in talks to buy Letterboxd for around $330 million

  3. TechCrunch

    The New York Times reportedly in talks to buy Letterboxd for $330 million

Full coverage · 2 sources

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