Tiny seeks buyer for Letterboxd stake as Liontree markets the deal

8 articles · Updated · Semafor · Apr 27

Tiny, the Canadian holding company, is selling its controlling stake in Letterboxd, which grew from 1 million users in 2020 to over 26 million in early 2026.
Liontree investment bank is handling the sale, aiming to help Tiny manage its debt after its stock declined post-acquisition. Letterboxd’s founders retain veto rights over any buyer to preserve the platform’s spirit.
Letterboxd, valued at $50 million in 2023, remains under-monetized despite rapid growth and a young, passionate user base. The sale could transform it into a more significant entertainment media player.

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