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The New York Times Company is in exclusive negotiations to acquire movie community Letterboxd for about $330 million, the Times reported on November 5, 2026. The price is more than 20 times Letterboxd's projected 2026 earnings of about $15 million.

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Sources:Variety

1 outlet · 1 article · first seen Nov 5, 7:00 PM ET

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Corroborated by 1 outlet (GDELT)