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

Letterboxd, a site for rating, reviewing, and recommending movies, has gained popularity among Millennials and Gen-Z users, adding tens of millions of accounts. The company's controlling investor, Tiny, a Canadian holding company, owns 60 percent of Letterboxd and has been courting potential buyers, including Versant and The Ankler. Tiny bought the platform in 2023, valuing it at over $50 million.