New York Times Co. negotiating $330 million Letterboxd acquisition
Briefing by News4U · First published
Sina Finance reports the New York Times Company is in exclusive talks to acquire film-focused social platform Letterboxd at a $330 million valuation; the parties have not reached an agreement and the deal could still collapse. The company has previously acquired The Athletic, Wirecutter and Wordle, and added 420,000 digital-only subscribers in the third quarter, bringing total paid subscribers to 13.8 million. [1]
Sources
- 纽约时报公司据悉洽谈以3.3亿美元收购电影社交平台Letterboxd
Sina Finance · · Full text