Market Chatter: New York Times Starts Exclusive Talks to Buy Letterboxd in $330 Million Deal

05:18 AM EST, 11/06/2026 (MT Newswires) -- 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. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)