New York Times Company enters exclusive talks to acquire Letterboxd for $330m
- The Times Company is in exclusive talks to buy Letterboxd for about $330 million.
- Letterboxd may remain standalone, with its co-founders continuing to lead it.
- The proposed deal could bring the Times Company’s ad technology to the service.
The New York Times Company has entered exclusive talks to buy Letterboxd for around $330 million, according to a report. The deal would bring the film lovers’ social network into the Times Company’s portfolio, after Sony Pictures Entertainment and A24 were also reported to be interested. Under the…