, the global social platform that’s become a key tool for independent film discovery, promotion and conversation in the current challenging market for movies, is being acquired by Canadian technology holding company, Tiny, which is taking a majority stake.
Letterboxd’s founders will continue to lead the business independently while leveraging their partnership with Tiny to accelerate the platform’s growth as it continues to scale.
Belgique Dernières Nouvelles, Belgique Actualités
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Letterboxd, Film Discussion Platform, Sells to Investment FirmThe site, which has gained a cult following among film fans, is valued at about $50 million in the transaction. The founders say they plan to add TV shows to the platform.
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