A (not so) Tiny acquisition
Plus, more takeaways from the LIFT CEO retreat and Chamber Chats, and plaudits for STN Video.
Now, onto today’s briefing. It’s 813 words, a three-minute read.
Photo credit: Letterboxd.
Andrew Wilkinson recently saw his face amongst all the news that’s fit to print. His company, Tiny — the Victoria-based holding company — had completed a majority acquisition of Letterboxd, a global social platform for film discovery and discussion. The New York Times picked up the story.
Founded in 2011 by a passionate team of film fans in New Zealand, Letterboxd has since rocketed into the top 1,500 websites globally and recently surpassed 10 million members across more than 200 countries. As a digital hub for film buffs, Letterboxd’s members gather on the platform to track what they watch, share reviews and lists, rate movies, and follow other like-minded cinephiles.
Letterboxd’s founders, Matthew Buchanan and Karl von Randow, will continue to lead the business independently while leveraging their partnership with Tiny to fuel the platform’s growth as it continues to scale.
“Teaming up with Tiny represents a big leap forward for us,” read a Letterboxd company statement. “Tiny’s impressive track record, which includes spurring the growth of the thriving design community, Dribbble, speaks to their ability to cultivate and grow businesses like ours without altering the fundamental components that have made them successful. We see this as a huge win for our community, enabling us to cement Letterboxd’s future with additional resources without sacrificing the DNA of what makes it special.”
“We’ve been huge fans and users of Letterboxd for a long time and could not be more excited to join forces with Matt, Karl, and the rest of the team for the long-term,” said Wilkinson. “Our aim is to make Letterboxd the ultimate destination for anyone looking to discover or discuss movies online. If you’re running out of things to watch, it's because you haven’t used Letterboxd yet—and we believe the untapped market potential for superior discovery and discussion is a huge opportunity.”
[Editor’s note: Andrew Wilkinson is the co-founder of Overstory Media Group, the parent company of Victoria Tech Journal.]
📰 More Victoria innovation news
🥇 Recognize: STN Video — the online video platform for publishers who care about content, user experience, and monetization — was named Best Video Technology for Media Suppliers at the 2023 AdExchanger Awards.
🎙️ Chat: A recent episode of the Chamber Chats podcast featured Virginia Holden, executive director of the Greater Victoria Housing Society, in conversation with Greater Victoria Chamber of Commerce CEO Bruce Williams.
👩💼 Victoria tech moves
Meet an Exceptional Founder: Christopher Naismith
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Who: Christopher Naismith
Why: Audette is creating a carbon reduction plan for every building on the planet.
Latest announcement: Launched a portfolio-scale product bringing cutting-edge decarbonization intelligence to major real estate investors.
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