Market Chatter: New York Times Starts Exclusive Talks to Buy Letterboxd in $330 Million Deal
MT Newswires Live
Yesterday
New York Times (NYT) has started exclusive talks to acquire social network Letterboxd for about $330 million, The New York Times reported Thursday, citing sources familiar with the matter.
The companies have discussed keeping Letterboxd co-founders Matthew Buchanan and Karl von Randow at the helm, one of the sources told the publication.
The companies didn't immediately respond to MT Newswires' requests for comments.
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