Letterboxd in Negotiations to Be Acquired by New York Times Company
The New York Times Company is in exclusive negotiations to acquire the online movie buff community Letterboxd, the Times reported Thursday. The price is reported to be about $330 million, which amounts to more than 20 times Letterboxd’s projected earnings for 2026 of about $15 million. The New
<p>The New York Times Company is in exclusive negotiations to acquire the online movie buff community Letterboxd, the Times reported Thursday. The price is reported to be about $330 million, which amounts to more than 20 times Letterboxd’s projected earnings for 2026 of about $15 million. The New</p>