Letterboxd Has 30 Million Users. Now A24, Sony, and The New York Times Want In

Tiny is exploring the sale of its controlling stake in the movie platform Letterboxd. The company has attracted bidding interest from A24, Sony, and The New York Times. With a user base of 30 million, Letterboxd possesses a devoted community, subscriptions, and an advertising business. These factors could potentially push the platform's valuation above $300 million as the current owners seek a buyer for their majority position in the popular social film network.