Letterbox & Bandcamp have new owners

Letterboxd has been sold to Tiny, a Canadian company claims to give startup founders "quick, straightforward exits that protect their team and culture and keep their businesses operating for the longterm". In the announcement post, one of the co-founders, Matt, says that "Karl and I are still leading the team, which remains the same, but now has the additional support of a company with vast experience in helping founders through periods of growth, which Letterboxd continues to enjoy. It means we can bring you more of the features you love and deserve, at a sustainable pace". Also in services I love trading owners, Bandcamp now belongs to Songtradr - "a music licensing platform". Epic Games sold Bandcamp after only 18 months of ownership, likely pissed off that Bandcamp workers unionised back in March.


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