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Letterboxd

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Letterboxd Attracts Potential Buyers, Including Netflix and Paramount
business1 day ago

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.

via Variety|
#business#letterboxd#netflix
Tiny Signals Exit as Letterboxd Expands Beyond a Niche
business2 months ago

Tiny Signals Exit as Letterboxd Expands Beyond a Niche

Tiny, Letterboxd’s controlling investor, is marketing a sale of its stake as the site aims to evolve from a niche movie-logging community into a broader entertainment media player. The deal, run by Liontree, comes as Letterboxd has grown to tens of millions of users and pursued initiatives like TV reviews, streaming rentals, and content partnerships that remain underdeveloped. A sale could unlock value for Tiny while preserving the founders’ veto rights and Letterboxd’s indie identity, though the platform is still heavily monetized by display ads and has room to grow its content arm and events business.

via Semafor|
#business#growth#letterboxd
"Unveiling the Intriguing World of May December: From Twitter Discourse to Natalie Portman's Analysis"
entertainment2 years ago

"Unveiling the Intriguing World of May December: From Twitter Discourse to Natalie Portman's Analysis"

The release of Todd Haynes's film "May December" on Netflix has sparked online debates about its campiness, the objectification of fictional characters, and the appropriateness of jokes about grooming. Some critics argue that the film's marketing misrepresented its actual fun level, while others criticize the blithe attitude surrounding the serious subject matter on platforms like Letterboxd. The conflict between Film Twitter and Letterboxd Twitter, as well as the involvement of the Netflix social media voice, has further fueled the disagreements. Despite the controversy, Haynes's film defies a singular lens, evoking discomfort, laughter, and sadness, and showcasing his ability to transform tabloid pulp into something both funny and disturbing.

via Vulture|
#entertainment#film-twitter#letterboxd
Tiny Takes Over Letterboxd, Expanding Online Film Community
business2 years ago

Tiny Takes Over Letterboxd, Expanding Online Film Community

Letterboxd, the popular social network for movie buffs, has announced that it is selling a majority stake in the company to Tiny, a public company in Canada. The deal values Letterboxd at over $50 million. The founders reassured users that they will remain involved and that the service itself will not change immediately. The founders also mentioned plans to incorporate TV recommendations and reviews in the future. Letterboxd experienced significant growth during the pandemic, with over 10 million registered accounts. Tiny, a holding company, plans to support Letterboxd's expansion while maintaining its existing business model.

via The New York Times|
#acquisition#business#film-nerds