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

The New York Times Company is reportedly in exclusive negotiations to buy Letterboxd for roughly $330 million. Pat Saperstein reported the talks in Variety on Nov. 5, 2026, citing reporting by The New York Times.

No agreement has been reached, and negotiations could still fall apart, TheWrap reported, also citing the Times.

Letterboxd is a social platform where movie fans log what they have watched and rate films using a star system, as Variety describes it. An acquisition would extend the Times’ expansion beyond news, following its purchases of The Athletic, Wirecutter and Wordle, TheWrap reported.

What could change at Letterboxd

The companies have discussed keeping co-founders Matthew Buchanan and Karl von Randow in charge, according to TheWrap’s account of the Times reporting. Letterboxd would likely remain a standalone platform while incorporating the Times’ advertising technology. Those arrangements remain part of unfinished negotiations, not finalized operating terms.