The New York Times wants to buy Letterboxd for $330 million

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

What happened

The New York Times Company is in exclusive negotiations to acquire Letterboxd for around $330 million, beating reported interest from Sony and A24. Letterboxd would likely remain standalone with its founders in charge.

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Who covered it (1 source)

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