Letterboxd, the app where film Twitter went to live, could soon have a new owner. The New York Times, A24, and Sony Pictures are among the suitors who've expressed interest in buying the site.

76 points•crossroadsguy•5 days ago•38 comments•

38 comments

reticulates5 days ago
I continue to be baffled by this sale. Letterboxd was acquired by Tiny 3 years ago, Tiny’s entire premise is that they hold for the long term. Selling after 3 years is not long term. I don’t understand why Tiny would undermine their raison d’etre unless it’s because the founders (who retain a minority stake) are pushing for it.

Tiny just recently updated their website to emphasize how long they’ve owned each property which is especially confusing given they’re now offloading things https://tiny.com/companies/letterboxd

“Tiny's model — long-term ownership, founder autonomy, no pressure to flip the company in three to five years — fit naturally.”

…?

Grombobulous5 days ago
I imagine that in life and business there’s no such thing as a decision that is never regrettable. I guess it just didn’t work out.
dtagames5 days ago
Three years is long term in the tech and VC world.

At a $300M sale, the project achieved its goal and it's time to exit.

OzzyB5 days ago
so you _believed_ them -- that is the only takeaway from this.
UqWBcuFx6NV4r5 days ago
The much more pertinent point is that it is counter to their apparent track record.
rdmuser5 days ago
Having such a high profile film rating site be potentially owned by a film studio has serious conflict of interest issues. Same goes for amazon buying imdb and they've already used that to adjust scores for at least one film they released because of bad reviews. I'm happy to see this get some attention here after my submission didn't because the potential implications of this purchase are big.

Edit: I believe I made an error re the claim imdb changed the score of at least one amazon owned film. See replies for more info. Apologies!

aucisson_masque5 days ago
> Same goes for amazon buying imdb and they've already used that to adjust scores for at least one film they released

Any source on that ? I found nothing serious, just reddit and Facebook post. No one serious is reporting on it.

rdmuser5 days ago
Ah actually unfortunately I think I made a mistake there so I apologize for that. Should have double checked instead of speaking from memory. I believe I was thinking of The Little Mermaid change but it seems like that wasn't their film. Sorry!

https://www.avclub.com/the-little-mermaid-imdb-changes-ratin...

madeofpalk5 days ago
The problem with Amazon owning IMDB, or A24 potentially owning Letterboxd, is not that they would screw with it, but that every move they make will be put through that lease. Even with NYT being the owners I’m sure there would be the regular ‘drama’ of whatever woke/anti-woke influence they may have over it.
dtagames5 days ago
The corollary is that when the product gets this big and this good (it's terrific), someone is going to buy it.

It's a sign that the developers built a product with demand.

Computer05 days ago
I use https://movielens.org/ and it is ran by the University of Minnesota.
PyWoody5 days ago
This looks almost too good to be true! Thank you for sharing. I'm going to migrate my 600+ library over tonight.
clayhacks5 days ago
Is there an ATproto or activity pub version of letterboxd? I like A24, but not sure how much I trust Sony or the NYT to run it reasonably
rurban5 days ago
A24 is the biggest cheater on Letterboxd, buying 5 star raters en masse. Warner is not much better. Sony is ok.
madeofpalk5 days ago
What 5 start ratings have they purchased?
Slow_Hand5 days ago
Source?
zoenolan5 days ago
DarkNova65 days ago
Amazing. So Imdb 2.0 has become Imdb 2.0.

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