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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
People
Charlie Sta

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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Original Headline

The New York Times is in talks to buy Letterboxd for around $330 million

Neutral Headline

The New York Times Company in Negotiations to Acquire Letterboxd for $330 Million