New York Times Company

NYT 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.

engadget.com · 2026-11-06

NYT Co. in exclusive talks to acquire Letterboxd for $330 million

The New York Times Company has reportedly entered exclusive negotiations to buy Letterboxd, the social platform for film fans, for $330 million. Letterboxd's user base has surged from 3 million in January 2021 to 28 million this April, with more than half under age 35. Film studios A24 and Sony had also reportedly expressed interest, but A24 was priced out of the deal.

techcrunch.com · 2026-11-06