The New York Times is in talks to buy Letterboxd for around $330 million
The New York Times Company is in talks"exclusive negotations" to acquire Letterboxd, the social network for film lovers, for around $330 million, The…
Why am I seeing this Ranked on corroboration — 2 independent outlets
2 independent outlets carried this — The Verge and TechCrunch. Agreement across newsrooms that do not share an owner is the strongest thing we can measure, so it carries the most weight.
The classifier could not identify the subject from the text, so the section was inherited from the source feed. We do not summarise what we cannot identify — this one links straight out.
Link-outLink-out, because the subject could not be identified from the text. Link-out means we point at the publisher and say nothing of our own.
| Factor | Weight | Score | Contribution | Where it came from |
|---|---|---|---|---|
| Corroborationleads | 0.35 | 0.61 | +0.215 26% | 2 distinct tier-1/2 orgs, counted once each: The Verge and TechCrunch. Saturates at 5. |
| Source trust | 0.25 | 0.82 | +0.204 25% | The Verge is the highest-trust source on this story. Trust is taken from the best source, not averaged. |
| Pickup rate | 0.20 | 1.00 | +0.200 24% | The sources carry no usable publish times, so the rate could not be measured from them directly. |
| Freshness | 0.20 | 1.00 | +0.200 24% | Halves every 10 hours from the newest item on the story. This is the only factor that rewards a story for nothing more than being recent. |
Corroboration counts distinct organisations, once each, and only from tiers 1 and 2. Freshness halves every 10 hours, so this ranking is a snapshot and will differ at the next build.
What happened
The New York Times Company is in talks"exclusive negotations" to acquire Letterboxd, the social network for film lovers, for around $330 million, The New York Times reports. The Times Company, Sony Pictures Entertainment, and A24 were all recently rumored to be among those interested in buying Letterboxd. The negotiations with the Times Company have included Letterboxd, an online platform for movie lovers, has grown dramatically in recent years.
How this story arrived
Ordered by when each source was first observed, which is what the velocity figure is computed from. Publishers backdate; observed order does not.
- 01 Theverge first seen The New York Times is in talks to buy Letterboxd for around $330 million
- 02 Techcrunch +0m The New York Times reportedly in talks to buy Letterboxd for $330 million
Overclock clusters coverage from independent sources and grades it automatically. The figures above are computed, not editorial. This page summarises and links to reporting by the outlets named — follow the links for the original work.