Letterboxd, the social platform for film buffs, reportedly looking for new owner

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TLDR

  • Tiny, which owns ~60% of Letterboxd, is reportedly shopping the film social network to potential buyers.

Key Facts

  • Canadian holding company Tiny bought Letterboxd in 2023, valuing it at over $50 million.
  • Potential buyers include Versant (parent of CNBC and MS NOW) and Hollywood newsletter The Ankler, per Semafor.
  • Letterboxd has grown from 1.7 million users in 2020 to about 26 million in 2026, per The New York Times.
  • No deal has been announced; representatives for Letterboxd and Tiny did not comment to TechCrunch.

Why It Matters

  • A sale would transfer one of film culture’s largest social platforms to a media or entertainment-adjacent owner.
  • The gap between Tiny’s 2023 entry price and current scale suggests a significantly higher valuation in any deal.

Lucas Ropek, TechCrunch · 2026-04-27 · Read the original

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