Netflix in Talks to Buy Letterboxd: Report

Sony Pictures Entertainment, Paramount and Alexis Ohanian also supposedly eyeing movie social platform

By Todd Spangler

Todd Spangler

NY Digital Editor

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Could Letterboxd, the popular film-review social network, end up in the clutches of Netflix or another big entertainment corporation?

Letterboxd, founded in 2011, has been shopping itself to interested parties in recent months. The app and website (which also recently launched an online video-rental service) is majority-owned by Canadian holding company Tiny, which acquired a 60% stake in Letterboxd in 2023 at a valuation of $50 million-$60 million. Letterboxd co-founders Matthew Buchanan and Karl von Randow own the remaining 40% share.

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