Sources: NYT has entered exclusive negotiations to acquire Letterboxd for roughly $330M; A24 dropped out of negotiations after price expectations rose (New York Times)

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New York Times:
Sources: NYT has entered exclusive negotiations to acquire Letterboxd for roughly $330M; A24 dropped out of negotiations after price expectations rose  —  The roughly $330 million deal for the cinephile community site would be part of an effort to add new products and services to the company's portfolio.

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