Entertainment NYT in Exclusive Talks to Acquire Letterboxd for $330 Million WireByte The New York Times Company is in exclusive negotiations to acquire the film social network Letterboxd for approximately $330 million. The platform, which boasts 28 million users, was also courted by Sony and A24. The deal, valued at a significant premium to projected earnings, aims to integrate Letterboxd with the Times' ad technology while maintaining its standalone identity.