New York Times in exclusive talks to buy Letterboxd for about $330 million
The deal would hand the film-buff social network to a legacy publisher that has been buying up digital subscription assets, at roughly 20 times Letterboxd's projected revenue.
Read at The Verge →Full coverage · 15 outlets
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- VarietyLetterboxd in Negotiations to Be Acquired by New York Times Company
- VarietyLetterboxd in Negotiations to Be Acquired by New York Times Company
- The New York TimesNew York Times Company in Advanced Talks to Acquire Letterboxd
- DeadlineNew York Times In Advanced Talks To Buy Letterboxd For Reported $330 Million
- TechCrunchThe New York Times reportedly in talks to buy Letterboxd for $330 million
- IndieWireLetterboxd Finalizing $330 Million Sale to The New York Times
- TheWrapNew York Times Enters Exclusive Talks to Buy Letterboxd for $330 Million
- GizmodoMake Room, Wordle: The New York Times Is Reportedly Close to Purchasing Letterboxd for $330 Million
- TipRanksNew York Times in exclusive talks to buy Letterboxd, NY Times reports
- Raleigh News & ObserverNew York Times Company in advanced talks to acquire Letterboxd for roughly $330 million, NYT reports
- Kottke.orgAnd in other news, the NY Times is trying to buy Letterboxd for a reported price of $330 million.
- World of ReelThe New York Times Is About to Buy Letterboxd for $330 Million
- ReutersNew York Times Company in advanced talks to acquire Letterboxd for roughly $330 million, NYT reports
- NewsCordThe New York Times Enters Exclusive Talks To Buy Letterboxd For About $330 Million: how 21 outlets framed it