E129 - Episode 129: Letterboxd's $1 Billion Question

Letterboxd's sale process just got significantly more interesting. Bankers who opened buyer conversations at a $250 million valuation are now floating a $1 billion figure — a four-times step-up — with a buyer pool that includes Netflix, Sony Pictures, Paramount, TPG, and RedBird. For agents, producers, and executives who care about where audience data and platform leverage are moving, this is a deal worth tracking closely.

Key Takeaways:

Letterboxd bankers began taking meetings in July at a ~$250 million valuation; the figure now being floated is $1 billion. Named suitors include Netflix, Sony Pictures, Paramount, TPG, and RedBird — a mix of streamers, legacy...