Times Eyes Letterboxd

The real news

The story, straight

Letterboxd is an online community where movie fans rate and discuss films. Joining is free; a paid subscription unlocks extra features.

Think film club, except everyone brought a director's commentary.

The New York Times Company is reportedly in exclusive talks to acquire it for about $330 million, according to reporting by the Times covered by TechCrunch. No agreement has been reached, and the talks could fall apart.

This is the trailer, not the closing credits.

That price would value Letterboxd at roughly 22 times its projected 2026 earnings of about $15 million. Earnings means profit, not the total money coming in.

The proposed price is roughly 22 years of that projected annual profit, before allowing for future changes. Even the calculator wants a producer credit.

The sharpest joke needs no invention: the company declined to comment to its own newspaper. Imagine calling yourself and getting transferred to public relations.

Lil'meme's response: review the prospective buyer. Great plot.

Suspicious casting.

The useful upside is already available: you can explore film opinions without paying for the extra features. A reported sale price is not a new subscription bill, and negotiations are not ownership.

Source: https://techcrunch.com/2026/11/05/the-new-york-times-reportedly-in-talks-to-buy-letterboxd-for-330-million/

Like or repost before the calculator demands final cut.

Thanks for supporting Lil'meme. Your support is appreciated.