Netflix in talks to buy Letterboxd amid alarm from film fans

Netflix is reportedly in early talks to acquire Letterboxd, the beloved social platform for film lovers, according to Puck. Other bidders include Sony Pictures, Paramount, private equity firms TPG and RedBird, and Reddit co-founder Alexis Ohanian. The news has alarmed the cinephile community, who fear the streamer's ownership could undermine the site's independent culture.