Letterboxd, one of the most popular social networks for film fans, may be acquired by some of the largest companies in this industry. In addition to Netflix, Sony Pictures and Paramount Skydance are also having conversations with the company's owners.
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14/07/2026
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A digital platform Letterboxd has already become practically mandatory for those who like to follow and evaluate their favorite films, becoming the most suitable social network for those aficionados by “Seventh Art”.
However, Puck's journalist Matt Belloni says that there are a number of big companies in the film world who are interested in purchasing Letterboxd, noting that among the stakeholders is even Netflix.
It is known that in addition to Netflix, Sony Pictures, Paramount Skydance and also Reddit co-founder Alex Ohanian are interested in acquiring the social network.
Remember that Letterboxd was released in 2011 and according to variety magazine, was valued at 50-60 million dollars in 2023 after the Canadian holding Tiny acquired a 60% stake in the company.
Apparently, Letterboxed holders are now having conversations with stakeholders interested in acquiring the company. Allegedly, these conversations are still at a very early stage, so it will still take some time before we know who will be the next owner of Letterboxd.
Letterboxed representatives have already reacted to these rumors, stressing the naturality of other companies' interest in view of the growth of the platform.
“ With the growth of Letterboxd, it is natural that there is interest in knowing what we will do next”you can read it in the official press release. “We have nothing specific to announce at this time. Any decision about Letterboxd’s future will involve the founders.”.