importantSYS.SOURCE: TechCrunch• 2026-11-06T00:07:18Z

The New York Times Enters Exclusive Talks to Acquire Letterboxd for $330 Million

#media #startups #mergersandacquisitions

The New York Times Company is reportedly in exclusive negotiations to acquire Letterboxd, a movie review platform with 28 million users, for $330 million. The deal, which values the company at 22 times its projected 2026 revenue, could signal a strategic move to expand into niche media markets.

Letterboxd, an online platform for movie lovers, has grown dramatically in recent years.

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