New York Times close to buying Auckland’s Letterboxd in US$330m deal

New York Times close to buying Auckland’s Letterboxd in US$330m deal

Technology Editor/Senior Business Writer·NZ Herald·6 Nov, 2026 07:07 PM4 mins to read‌Letterboxd founders Matthew Buchanan (left) and Karl von Randow retain a 40% stake, which would be worth US$132m ($234m) if the US$330m deal goes through. Photo / Renee BevanThe New York Times Company is now in exclusive, advanced talks to buy Letterboxd, the cinefile founded by Aucklanders Matthew Buchanan and Karl von Randow. The deal values the social film review and viewing history-sharing platform at “roughly US$330 million” ($585m), according to a report overnight in the New York .

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