Is Letterboxd Grist For The Corporate Merger Mill, Or Could An Underdog Bid Keep Power With The People?
Shockwaves rippled through film circles after news reports that Letterboxd soon could be snapped up by a corporate buyer. But the online community is both a highly valuable and quite perishable property, meaning a conventional plug-and-play M&A maneuver could trigger a significant backlash. Netflix, Paramount, Sony Pictures, Versant and major private equity firms are among…