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A24, Sony & The New York Times Circle Letterboxd As Bidding Starts At $300 Million
Depressing as it might be, it was probably inevitable that Letterboxd, once a relatively niche corner of the internet where film obsessives logged their viewing habits, argued about star ratings, and made increasingly esoteric lists, would eventually become valuable enough for corporate America to come knocking. That moment appears to have arrived. A24, Sony Pictures Entertainment, and The New York Times Company are among the companies circling the film-centric social platform as its owners explore a sale that could value Letterboxd at more than $300 million.
Continue reading A24, Sony & The New York Times Circle Letterboxd As Bidding Starts At $300 Million at The Playlist.
