Best of Business

Karl Puschmann: entertainment journalist on Netflix looking into buying Letterboxd for $423m

5 min · 15 de jul de 2026
Portada del episodio Karl Puschmann: entertainment journalist on Netflix looking into buying Letterboxd for $423m

Descripción

Netflix is in talks to buy the New Zealand-founded Letterboxd for $423 million, according to new reports. Letterboxd was created by Auckland designers Matthew Buchanan and Karl von Randow, and it allows people to create profiles and log and rate their favourite movies. Entertainment journalist Karl Puschmann says Letterboxd has a reputation as a niche social network, and there's concerns about what a corporate takeover could do for it. "That sense of community around it, you feel like you're with film enthusiasts, you feel part of that club - they've got a delicate balance here to keep that feeling and also get that return on investment." LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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episode Karl Puschmann: entertainment journalist on Netflix looking into buying Letterboxd for $423m artwork

Karl Puschmann: entertainment journalist on Netflix looking into buying Letterboxd for $423m

Netflix is in talks to buy the New Zealand-founded Letterboxd for $423 million, according to new reports. Letterboxd was created by Auckland designers Matthew Buchanan and Karl von Randow, and it allows people to create profiles and log and rate their favourite movies. Entertainment journalist Karl Puschmann says Letterboxd has a reputation as a niche social network, and there's concerns about what a corporate takeover could do for it. "That sense of community around it, you feel like you're with film enthusiasts, you feel part of that club - they've got a delicate balance here to keep that feeling and also get that return on investment." LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

15 de jul de 20265 min
episode Graham Leaming: Skellerup CEO on the company lifting its full-year profit outlook based on strong US demand artwork

Graham Leaming: Skellerup CEO on the company lifting its full-year profit outlook based on strong US demand

Another positive sign for the economy.  Kiwi manufacturer Skellerup —who makes everything from gumboots to industrial rubber products— has lifted its annual profit forecast to as much as $65 million.  They credit stronger than expected US demand for the increase.  CEO Graham Leaming told Mike Hosking they thought tariffs and the conflict in the Middle East might drive inflation and dampen demand in the US market, but that hasn’t materialised.  He says demand remains strong, and the things they manufacture and sell are often pretty critical to customers, so they were able to adjust prices in response to tariffs and increases to the cost of raw materials.  LISTEN ABOVE  See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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