Gizmodo
A24, Sony, or The New York Times May Soon Swallow Letterboxd
The cinephile social network is expected to sell at a valuation of $300 million, sources told the New York Times.
Via Gizmodo
·Excerpt
Cinephile social media network and film review site Letterboxd may soon be the subject of a bidding war, with interested potential owners including A24, Sony Pictures, and The New York Times Company, the paper reported on Thursday.
A Canadian company called Tiny bought 60% of Letterboxd in 2023 in a deal that valued the social network at more than $50 million, and according to multiple news sources, has been exploring selling its controlling stake. The Times noted that Letterboxd’s appeal…
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