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New York Times ·

NYT has entered exclusive negotiations to acquire Letterboxd for roughly $330M; A24 dropped out of negotiations after price expectations rose

The roughly $330 million deal for the cinephile community site would be part of an effort to add new products and services to the company's portfolio.

In this story A24 Letterboxd NYT
NYT has entered exclusive negotiations to acquire Letterboxd for roughly $330M; A24 dropped out of negotiations after price expectations rose

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New York Times — NYT has entered exclusive negotiations to acquire Letterboxd for roughly $330M; A24 dropped out of negotiations after price expectations rose ↗

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Variety: Variety

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Related stories

New York Times: A24, Sony Pictures, and NYT have registered interest in acquiring Letterboxd, which has a user base of 30M and is expected to be valued at $300M+
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