The New York Times reportedly in talks to buy Letterboxd for $330 million

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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 reported 3 million users in January 2021, a figure that grew to 28 million by April of this year. The New York Times Company declined to comment on the acquisition to its own paper (lol).

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