New York Times in talks to buy Letterboxd for 330 million dollars

At a glance

The New York Times Company is in exclusive negotiations to acquire Letterboxd.2 3
The proposed acquisition value is approximately $330 million.1 2 3 4
Letterboxd operates as an online platform and social network for movie lovers.1 2 3 4

The New York Times Company is holding discussions to acquire the movie platform Letterboxd.1 2 3 4

Negotiations between the organization and the film website are reportedly exclusive.2 3

The prospective purchase price is estimated at around $330 million.1 2 3 4

Letterboxd provides an online social network and community space for cinema fans.1 2 3 4

Where sources agree

Talks to acquire Letterboxd are underway4 of 4
The prospective deal is valued near $330 million4 of 4
Letterboxd is a platform for film lovers4 of 4
The discussions were reported by The New York Times3 of 4

Who covered this

4 National

Sources

Based on reporting from these reputable newsrooms and reviewed by Orbit’s editors. A fact appears only when at least two sources report it. Orbit is not affiliated with these publishers.

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