Story perspectives

Letterboxd Seeks $250M Sale, Netflix, Sony Interested

7/10/2026

Summary

Story summary

Letterboxd is marketed for sale at a $250 million valuation, attracting interest from Netflix, Sony Pictures and Paramount Skydance.
Tiny owns 60% after buying Letterboxd in 2023 for $50-$60 million, while co-founders Matthew Buchanan and Karl von Randow hold the remaining 40%.
LionTree runs the sale, while Alexis Ohanian of Seven Seven Six and Versant Media evaluate acquisition.
Letterboxd has over 30 million members as of June 2026, after adding 10 million users and launching a video-rental service.

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Story summary

Letterboxd is marketed for sale at a $250 million valuation, attracting interest from Netflix, Sony Pictures and Paramount Skydance.
Tiny owns 60% after buying Letterboxd in 2023 for $50-$60 million, while co-founders Matthew Buchanan and Karl von Randow hold the remaining 40%.
LionTree runs the sale, while Alexis Ohanian of Seven Seven Six and Versant Media evaluate acquisition.
Letterboxd has over 30 million members as of June 2026, after adding 10 million users and launching a video-rental service.