Tech6 Nov 2026
The New York Times Enters Exclusive Negotiations to Acquire Letterboxd for Roughly $330 Million
The New York Times Company has entered exclusive negotiations to purchase film tracking and social review platform Letterboxd for approximately $330 million. The move represents an aggressive multiple over the startup's current earnings as the publisher works toward reaching 15 million digital subscribers. If completed, the acquisition would bring tens of millions of cinema fans into the Times bundle alongside past deals for Wirecutter, Wordle, and The Athletic.
By NeuraFeed