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Letterboxd

2 GoKawiil briefs on this topic

Letterboxd draws acquisition interest from NYT, A24 and Sony at $300M+ price

Letterboxd, the film-tracking social app founded in 2011 by Matthew Buchanan and Karl von Randow, is reportedly being shopped for more than $300 million. Potential buyers named include The New York Times, A24, and Sony Pictures, according to a Times report. The company is projected to earn about $15 million this year and has grown to 30 million users, up from 1.8 million in 2020.

Letterboxd Reportedly Nearing Sale at $300 Million Valuation

Letterboxd, the social network for film enthusiasts, is reportedly close to being sold at a valuation of $300 million, according to sources cited by the New York Times. Potential buyers named include A24, Sony, and the New York Times itself, though no deal has been finalized.