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

The New York Times Company is in talks to acquire Letterboxd, a social network for film lovers, for around $330 million. The negotiations have been ongoing, with the potential for Letterboxd's co-founders to stay in charge but report to a Times Company executive. Letterboxd would likely remain a standalone platform for the foreseeable future, integrating the Times Company's ad tech. The acquisition would be the latest in a series of major purchases by the Times Company, including Wordle, Wirecutter, and The Athletic.