TheWrap, a unique primary news blog focused on the business of entertainment and media, raises $2 Million, led by Maveron, the VC firm co-founded by Starbucks [[SBUX]] CEO Howard Schultz and Dylan Stableford, paidcontent reported.
The new funding for TheWrap will be used for expansion of news coverage, including a redesign that’s coming later in summer.
TheWrap is a unique primary news source focused on the business of entertainment and media. Offering its readers original reporting, exclusive contributions from industry readers and curated news from around the globe, The Wrap is led by award-winning journalist and author, Sharon Waxman, with a team of veteran entertainment writers and editors including Josef Adalian, Lew Harris, Josh Dickey and Dylan Stableford.
Who is Sharon Waxman?
Editor in Chief TheWrap.com, is an award-winning journalist and best-selling author, a former Hollywood correspondent for The New York Times and a leading authority on the entertainment business and media. Before the Times, she was a correspondent for eight years for The Washington Post.
She started out as a foreign correspondent, covering Europe and the Middle East for a decade. She is the founder and CEO of The Wrap, and the author of two books, including, “Rebels on the Backlot: Six Maverick Directors and How They Conquered the Hollywood Studio System.”