Type of site
|Entertainment, media news|
|Owner||The Wrap News Inc.|
|Launched||January 26, 2009|
TheWrap is an entertainment and media news website founded by Sharon Waxman in 2009.
With an editorial staff of more than 19 regular contributors and with commentary from industry heavyweight guest "Hollybloggers", TheWrap covers the industry of entertainment and media from its headquarters in Santa Monica, California with additional editorial staff in New York City.
According to CBS Market Watch, Waxman raised $500,000 for The Wrap News, as a news portal site covering entertainment and media, which launched on January 26, 2009. A second round of financing was closed in 2010. By 2013, TheWrap.com had grown into a site with 30 employees. It also convenes an annual conference attended by leaders in entertainment, media and technology called TheGrill. TheWrap was nominated as the Best Entertainment website in 2012 and named the best online news site in both 2012 and 2009 at the National Entertainment Journalism Awards by the Los Angeles Press Club.
TheWrap competes with other Hollywood news sites, with its most direction competition as of 2014 being Deadline.com.
- "The 60-second interview: Sharon Waxman, founder of The Wrap". Capital New York. May 16, 2014.
- Barnes, Brooks (March 23, 2014). "In Hollywood News Wars, TheWrap Rebounds". The New York Times.