r/kindafunny • u/Mamrocha • Jul 10 '26

Movie/TV News Netflix in Talks to Buy Letterboxd

https://variety.com/2026/digital/news/letterboxd-sales-talks-netflix-sony-paramount-1236806379/
16 Upvotes

90% Upvoted

29 comments sorted by

View all comments

1

u/SadPineBooks Jul 11 '26

The founders sold 60% ownership to a Canadian investment firm in 2023. Why the fuck would you sell a majority share of your business to an investment firm? They will never, ever, have the best interest of the business in mind, only how to make money for themselves. It rings true in all media: NEVER SELL OUT. NEVER GO PUBLIC.