Netflix, Sony, A24 and Versant are all bidding for Letterboxd, and this newsletter covers the entertainment business with the numbers attached.
Elizabeth Joyce has a counter-plan built on the public benefit corporation model, trying to hold social good and a working business in the same structure. If your film writing lives on Letterboxd, the place you built an audience inside is currently being priced. Whether a PBC counterbid can survive that room, I genuinely don’t know.
