# Times in talks to buy Letterboxd for $330 million

> The New York Times Company has reportedly entered exclusive negotiations to acquire the movie review platform Letterboxd for $330 million.
- Title: Times in talks to buy Letterboxd for $330 million · TechCrunch
- Summary: The New York Times Company has reportedly entered exclusive negotiations to acquire the movie review platform Letterboxd for $330 million.
- Keywords: the new york times company, letterboxd, acquisition, mergers and acquisitions, media and entertainment, TechCrunch
- Source: TechCrunch — https://techcrunch.com/2026/11/05/the-new-york-times-reportedly-in-talks-to-buy-letterboxd-for-330-million
- Author: Amanda Silberling
- Published: 2026-11-06T00:07:18+00:00
- Read time: 1 min
- Topics: the new york times company, letterboxd, acquisition, mergers and acquisitions, media and entertainment, technology, startups
## Times in exclusive talks for Letterboxd
The New York Times Company has reportedly entered exclusive negotiations to acquire Letterboxd for $330 million, according to a report from The New York Times itself.
## Letterboxd's rapid user growth
Letterboxd, a movie review platform comparable to Goodreads for films, reported 3 million users in January 2021, growing to 28 million by April of this year. More than half its users are under 35.
## Other studios competed for the deal
Film studios A24 and Sony were interested in acquiring Letterboxd, but A24 was priced out of the negotiations, according to the Times.
## Letterboxd's earnings versus purchase price
Letterboxd is free with paid subscription options for advanced features. Its projected earnings for this year are estimated at $15 million, only about 4.5% of the $330 million purchase price.
## Key takeaway

The New York Times Company is reportedly in exclusive talks to buy Letterboxd, a movie review platform with 28 million users, for $330 million.