New York Times Enters Exclusive Talks to Buy Letterboxd for $330 Million
The New York Times Company is in exclusive talks to acquire the social film platform Letterboxd for approximately $330 million. Sources report that the potential deal would maintain co-founders Matthew Buchanan and Karl von Randow in charge while integrating the Times' advertising technology. The proposed valuation represents about 22 times Letterboxd's projected annual adjusted earnings of $15 million. Open article →
- The New York Times reportedly in talks to buy Letterboxd for $330 million
- The New York Times is in talks to buy Letterboxd for around $330 million
- New York Times Company in Advanced Talks to Acquire Letterboxd
- Sources: NYT has entered exclusive negotiations to acquire Letterboxd for roughly $330M; A24 dropped out of negotiations after price expectations rose
- Make Room, Wordle: The New York Times Is Reportedly Close to Purchasing Letterboxd for $330 Million
- The New York Times Company is reportedly trying to buy Letterboxd for $330 million
- New York Times in Exclusive Negotiations to Acquire Letterboxd
- The New York Times May Acquire Film Social Network Letterboxd for $330 Million
- Manton Reece
- And in other news, the NY Times is trying to buy...
- The New York Times is in exclusive talks to acquire Letterboxd for ~$330 million https://t.co/6FZ...
- Letterboxd in Negotiations to Be Acquired by New York Times Company
- Letterboxd, an online platform for movie lovers, has grown dramatically in recent years. https://...