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Letterboxd acquisition on Kalshi
If New York Times announces an agreement to acquire Letterboxd before Jan 1, 2028, then the market resolves to Yes.
Settles on: ABC, Securities and Exchange Commission, The Wall Street Journal, The Guardian, CNBC, Bloomberg, BBC, Financial Times, Reuters, the New York Times.
Market says (typical open contract)
31%
Median YES price across 4 open contracts, 10 Nov 2026 04:28 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
61% 😈
Half luck. The favorite is clear, the fee is not small, and the payout on the favorite is thin.
The cover charge
| If you buy at | Fee per contract | On $50 | Win rate to break even |
|---|---|---|---|
| 30¢ | 1.5¢ | $2.45 | 31.5% |
| 31¢ (now) | 1.5¢ | $2.41 | 32.5% |
| 50¢ | 1.8¢ | $1.75 | 51.7% |
| 70¢ | 1.5¢ | $1.05 | 71.5% |
| 90¢ | 0.6¢ | $0.35 | 90.6% |
Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.
Open contracts right now
| Contract | YES price | Implied | Fee at this price | Real-world odds | Luck needed | Volume | Closes |
|---|---|---|---|---|---|---|---|
| Will Netflix announce acquisition of Letterboxd before Jan 1, 2028? · Netflix | 26¢ | 26% | 1.3¢ | — | 52% | 2,850 | Jan 01, 04:59 UTC |
| Will Sony Pictures announce acquisition of Letterboxd before Jan 1, 2028? · Sony Pictures | 31¢ | 31% | 1.5¢ | — | 61% | 337 | Jan 01, 04:59 UTC |
| Will Paramount announce acquisition of Letterboxd before Jan 1, 2028? · Paramount | 16¢ | 16% | 0.9¢ | — | 31% | 24 | Jan 01, 04:59 UTC |
| Will New York Times announce acquisition of Letterboxd before Jan 1, 2028? · New York Times | 52¢ | 52% | 1.7¢ | — | 97% | 0 | Jan 01, 04:59 UTC |
Who actually wins this market
- Whoever posts the resting orders and collects the spread without paying a fee.
- The venue, on every fee.
- Not, on average, the person clicking buy because the chart is going their way. That was us.
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