What We’re Reading

We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more.

The New York Times / Benjamin Mullin and Lauren Hirsch

New York Times Company in advanced talks to acquire Letterboxd for $330 million →

“Letterboxd and the Times Company have similar business models, pursuing both subscription and advertising revenue. Though Letterboxd does not disclose the number of paying users, acquiring a popular subscription business could help the Times Company — which has 13.8 million subscribers — reach its goal of 15 million subscribers by the end of 2027.” —SS