A24, New York Times Enter the Fray to Buy Letterboxd for Over $300 Million

A24 and New York Times have entered the competition to acquire Letterboxd for over $300 million. Other potential suitors for the film community platform reportedly include Sony, Netflix, Paramount, private equity firms RedBird and TPG, and investor Alexis Ohanian. Various studios and media companies, including Versant, have also been cited as interested buyers as the deal for the platform nears completion, reflecting significant industry interest in the social network for cinema enthusiasts.