Culture & Entertainment
Letterboxd in Negotiations to Be Acquired by New York Times Company
Source: Variety · Published
The New York Times Company is in exclusive negotiations to acquire the online movie buff community Letterboxd, the Times reported Thursday. The price is reported to be about $330 million, which amounts to more than 20 times Letterboxd’s projected earnings for 2026 of about $15 mi
The New York Times Company is in exclusive negotiations to acquire the online movie buff community Letterboxd, the Times reported Thursday. The price is reported to be about $330 million, which amounts to more than 20 times Letterboxd’s projected earnings for 2026 of about $15 million. The New York Times said that the deal was […]
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