Saturday, 11 July, 2026
Bidding War Ignites: Hollywood Giants Circle $250M Letterboxd
By TechShots Studio
Netflix, Sony Pictures, and Paramount Skydance are all exploring early talks to acquire the film tracking platform Letterboxd at a staggering $250 million valuation. While the site generates thin ad revenue, streaming giants are desperate for its core asset: 30 million highly engaged young users who actively map out exactly what movies they love watching across every platform.
Read full story at TIMES OF INDIA