EQUIPEngadget · 1h ago
The New York Times Company is reportedly trying to buy Letterboxd for $330 million
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The New York Times Company is reportedly pursuing a $330 million acquisition of the social film platform Letterboxd. This potential move aligns with the publisher's ongoing strategy to diversify its digital portfolio and increase subscriber engagement through niche community platforms.
- 01Proposed acquisition of Letterboxd valued at approximately $330 million according to reports
- 02The New York Times Company has declined to provide official comments regarding the transaction
- 03The deal signals continued investment in digital communities and entertainment-focused media assets
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The New York Times Company declined to comment on The New York Times' story.