Letterboxd is reportedly attracting acquisition interest from A24 and The New York Times, potentially sparking a bidding war for the film-review and social platform. A sale could value the company at more than $300 million, highlighting its growing commercial appeal and large, engaged audience.

Other companies reported to have considered buying Letterboxd include Netflix, Sony Pictures Entertainment, Paramount Skydance, TPG and Reddit co-founder Alexis Ohanian. Letterboxd is majority-owned by Tiny, which bought a 60% stake in 2023 when the company was valued at $50 million-$60 million; it now has more than 30 million members and projects roughly $15 million in earnings for 2026.