{"id":420595,"date":"2026-04-27T21:28:07","date_gmt":"2026-04-27T21:28:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/420595\/"},"modified":"2026-04-27T21:28:07","modified_gmt":"2026-04-27T21:28:07","slug":"letterboxd-the-social-platform-for-film-buffs-reportedly-looking-for-new-owner","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/420595\/","title":{"rendered":"Letterboxd, the social platform for film buffs, reportedly looking for new owner"},"content":{"rendered":"<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Letterboxd has surged in popularity in recent years. Once a <a href=\"https:\/\/www.latimes.com\/entertainment-arts\/story\/2024-06-17\/letterboxd-rise-connecting-filmmakers-studios-audiences\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">niche site<\/a> for only the most fervent of film nerds, the site \u2014 which allows users to rate, review, and recommend movies to one another \u2014 has continued to add accounts by the tens of millions, <a href=\"https:\/\/www.the-independent.com\/arts-entertainment\/films\/features\/letterboxd-app-movies-celebrities-users-b2775948.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">thanks largely to interest from millennials and Gen Z<\/a>. Now, the company\u2019s controlling investor has apparently made it known that they are looking to cash out.<\/p>\n<p class=\"wp-block-paragraph\">Semafor <a href=\"https:\/\/www.semafor.com\/article\/04\/26\/2026\/whats-next-for-letterboxd\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">reported Sunday that<\/a> Canadian holding company Tiny, which owns some 60% of Letterboxd, has been courting various potential buyers, including Versant, the parent company of CNBC and MS NOW (formerly MSNBC). Another potential buyer is The Ankler, a popular Hollywood newsletter, according to Semafor. Tiny <a href=\"https:\/\/investors.tiny.com\/news\/news-details\/2023\/Tiny-Announces-Majority-Acquisition-of-Letterboxd-00ae38bed\/default.aspx\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">bought the platform in 2023<\/a>, <a href=\"https:\/\/variety.com\/2023\/digital\/news\/letterboxd-acquired-50-million-deal-valuation-1235740185\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">valuing it at over $50 million<\/a>. It\u2019s unclear whether the company has neared any sort of deal.<\/p>\n<p class=\"wp-block-paragraph\">Representatives for Letterboxd and Tiny did not immediately provide comment when reached by TechCrunch.<\/p>\n<p class=\"wp-block-paragraph\">Founded in 2011, Letterboxd saw a <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-08-31\/strava-and-letterboxd-surge-as-users-crave-social-media-refuge\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">jump in users<\/a> in the past few years, climbing to about 26 million users this year, up from 1.7 million in 2020, <a href=\"https:\/\/www.nytimes.com\/interactive\/2026\/02\/03\/magazine\/letterboxd-film-discussion-site-streaming-movies.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">according to The New York Times<\/a>. In recent years, the site has <a href=\"https:\/\/www.latimes.com\/entertainment-arts\/story\/2024-06-17\/letterboxd-rise-connecting-filmmakers-studios-audiences\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">seen interest<\/a> from movie studios, which see it both as a vehicle for marketing films and a source of information about moviegoer trends, as well as from the Oscars, which teamed up with the social platform <a href=\"https:\/\/press.oscars.org\/news\/academy-partners-letterboxd-create-exclusive-95th-oscarsr-content\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">in a digital content partnership<\/a> several years ago.<\/p>\n","protected":false},"excerpt":{"rendered":"Letterboxd has surged in popularity in recent years. Once a niche site for only the most fervent of&hellip;\n","protected":false},"author":2,"featured_media":420596,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3211,61,2029,60,184159,1634,270,80],"class_list":["post-420595","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology","tag-hollywood","tag-ie","tag-in-brief","tag-ireland","tag-letterboxd","tag-media","tag-movies","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/420595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=420595"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/420595\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/420596"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=420595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=420595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=420595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}