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The New York Times Company in Negotiations to Acquire Letterboxd for $330 Million
The New York Times Company is negotiating to purchase Letterboxd, a film-focused social network, for about $330 million. The deal may allow Letterboxd's co-founders to retain leadership roles while integrating with the Times Company's advertising technology.
Companies
The New York Times Company
Letterboxd
Sony Pictures Entertainment
A24
Our neutral summary
The New York Times Company is negotiating to purchase Letterboxd, a film-focused social network, for about $330 million. The deal may allow Letterboxd's co-founders to retain leadership roles while integrating with the Times Company's advertising technology.
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