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Netflix Eyes Letterboxd Acquisition | Durham News
Netflix may be eyeing Letterboxd in a bold move to grow beyond price hikes and password crackdowns, aiming to own both movie creation and audience engagement. With rivals like Sony, Paramount, TPG, and Reddit’s Alexis Ohanian also circling, the streaming giant seeks a community-driven platform with 30 million users who obsess over film reviews. Owning Letterboxd could give Netflix unprecedented insight into viewer tastes, boost ad-supported growth, and create a powerful feedback loop — though risks include losing community trust and navigating founder veto power. All eyes are on Netflix’s Q2…
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