Tech
The New York Times is in talks to buy Letterboxd for around $330 million
Publication: The Verge
Author: Jay Peters
Source published: 05/11/2026, 23:45:10 UTC
Briefing created: 06/11/2026, 00:02:48 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 05/11/2026, 23:46:25 UTC.
Briefings
The New York Times reported in November 2026 that it is in exclusive negotiations to acquire Letterboxd for approximately $330 million. The acquisition would allow the Times to integrate its ad technology while keeping Letterboxd as a standalone entity under the co-founders' control. The Times Company, Sony Pictures Entertainment, and A24 were previously rumored as interested parties. The article notes that negotiations have included potential reporting structures for Letterboxd's co-founders.
Key points
- The New York Times Company is in exclusive negotiations to acquire Letterboxd for around $330 million.
- Letterboxd would likely remain standalone for the foreseeable future while integrating the Times Company's ad tech.
Context
Letterboxd is a social network for film lovers. The Times Company, Sony Pictures Entertainment, and A24 were all recently rumored to be among those interested in buying Letterboxd. The negotiations with the Times Company have included the potential for Letterboxd's co-founders to stay in charge but report to a Times Company executive.
Limitations
Evidence is limited to a single article from November 2026. The report does not confirm the final deal terms, exact negotiation dates, or the specific reporting structure for Letterboxd's co-founders. The article directs readers to The Verge for the full story.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 06/11/2026, 00:02:48 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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