The New York Times Company is in exclusive negotiations to acquire Letterboxd, the social network for film enthusiasts, for approximately $330 million, according to a report published by The New York Times in November 2026.
Letterboxd, currently owned by parent company Tiny Ltd., allows users to log, rate, and discuss films. The Times Company was not alone in its interest — Sony Pictures Entertainment and film studio A24 were also recently rumored to be among the parties considering a purchase of the platform.
Under the terms being discussed, Letterboxd’s co-founders would remain in charge of the platform but would report to a Times Company executive. Letterboxd would also likely continue operating as a standalone product for the “foreseeable future,” according to the report. The deal would additionally involve integrating the Times Company’s advertising technology into the platform.
NYT spokesperson Charlie Stadtlander declined to comment on the negotiations. Letterboxd and Tiny Ltd. did not immediately respond to a request for comment from The Verge, which first reported the story.
If completed, the acquisition would add a dedicated film-focused social community to the Times Company’s portfolio. The potential integration of ad tech suggests the Times Company may look to bring Letterboxd’s monetization in line with its existing digital advertising infrastructure, though the terms of any final agreement have not been confirmed.
Source: The Verge