New York Times in exclusive talks to buy Letterboxd for about $330m
Written by AI from furtherandbetter.substack.com's report. Not checked by a person.
The New York Times Company is in exclusive negotiations to acquire Letterboxd, the film discovery and social platform with 26 million users, in a sale of around $330 million.
The New York Times Company is in exclusive negotiations to acquire Letterboxd, according to a global TV, film and media industry news roundup covering the weekend of 7-8 November 2026. The roundup describes the sale as nearing a value of about $330 million.
Letterboxd is a film discovery and social platform, and it has 26 million users. The report presents the talks as still under way, so the proposed deal has not been described as completed.
The roundup says the potential transaction highlights the growing commercial value of engaged entertainment communities and specialist digital platforms. In other words, it points to the worth of services built around people who actively gather to discover and discuss films.
The Letterboxd item appeared among the roundup's main highlights. Another was Fox's completed $22 billion acquisition of Roku, which combines the streaming platform with Tubi and other digital assets under Fox Digital Platforms. The source gives no further terms of the Letterboxd negotiations, and no timetable for a final agreement.
