Letterboxd Attracts Potential Buyers, Including Netflix and Paramount

Letterboxd, the film-review social network with more than 30 million members, is reportedly up for sale, with majority owner Tiny and banker LionTree in talks with Netflix, Sony Pictures Entertainment, Paramount Skydance and others; a $250 million valuation has circulated, though no confirmations have been made. The process could raise conflicts given buyers’ interests in their own catalogs, and there have been no official comments from Letterboxd or the prospective buyers.