New York Times plans to buy film-fan platform Letterboxd for $330 million

A industry roundup dated Monday 9 November 2026 points to IndieWire coverage of a planned acquisition of Letterboxd, the social platform where film fans log and review movies, by The New York Times. The reported price is $330 million. According to the coverage, supporters of the deal see financial stability and fresh investment for one of cinema's most influential social platforms. Critics, for their part, raise concerns about the platform's editorial independence and the culture of its user community. The piece weighs pros, cons and open questions rather than reporting a completed sale. Popularity is judged from its lead position in a film-industry roundup, since no outlet most-read list was available for the date.