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But its popularity exploded during the pandemic (Letterboxd had 1.8 million registered users in March 2020).
The sale, Buchanan argues, will allow the platforms operations to keep up with its growth.
An anonymous sourcetold the New YorkTimesthat Tinys 60 percent acquisition values Letterboxd at over $50 million.
What changes will thisreallyhold for the future of Letterboxd?
Weve seen beloved companies get acquired and destroyed by Big Capital before.
TheTimesteased that the site may soon incorporate TV.
