# New York Times Targets Letterboxd for $330m

> The New York Times is in exclusive talks to buy movie platform Letterboxd for $330 million.
- Title: New York Times Targets Letterboxd for $330m · Consequence
- Summary: The New York Times is in exclusive talks to buy movie platform Letterboxd for $330 million.
- Keywords: new york times, letterboxd, acquisition, movie platform, cinephiles, vod video store, music, Consequence
- Source: Consequence — https://consequence.net/2026/11/letterboxd-new-york-times-acquisition
- Published: 2026-11-06T00:24:45+00:00
- Read time: 1 min
- Topics: new york times, letterboxd, acquisition, movie platform, cinephiles, vod video store, music, culture, entertainment
## Acquisition Negotiations
The New York Times has entered exclusive negotiations to acquire the independently-owned movie-focused social platform Letterboxd for roughly $330 million.
## Letterboxd's Value
Letterboxd's projected 2026 earnings are estimated at $15 million, significantly lower than the $330 million acquisition price.
## Current Operations
Letterboxd continues to release new titles through its VOD Video Store, including Coyote vs. Acme and the A$AP Rocky documentary Mouth Full of Golds.
## Key takeaway

The New York Times has entered exclusive negotiations to acquire Letterboxd for roughly $330 million.