World
'The New York Times' wants to buy Letterboxd for 330 million dollars
The newspaper itself has announced in a news that its parent company, The New York Times Company, is close to closing the deal to buy the social network
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The newspaper itself has announced in a news that its parent company, The New York Times Company, is close to closing the deal to buy the social network
The New York Times Company is in exclusive negotiations to acquire the online movie buff community Letterboxd, the Times reported Thursday. The price is reported to be about $330 million, which amounts to more than 20 times Letterboxd’s projected earnings for 2026 of about $15 million. The New York Times said that the deal was […]