GoKawiilNYT Company reportedly in exclusive talks to buy Letterboxd for $330 million
The New York Times Company is reportedly negotiating exclusively to acquire film social network Letterboxd for around $330 million, up from an earlier $250 million valuation, according to anonymous sources cited by the New York Times. Letterboxd would reportedly keep operating as a standalone platform, though the Times could add its own ad technology to the site. The Times Company declined to confirm the reporting.