TheWrap News Inc. on Tuesday announced the acquisition of web-based subscription service ItsontheGrid.com.
The purchase of the comprehensive movie-business data service further solidifies TheWrap's position as a leading multi-platform media company serving the entertainment industry.
(Click here to see the full press release.)
Founded by literary manager Jason Scoggins, (pictured below) ItsontheGrid.com aggregates information from entertainment industry insiders, combining it with real-time data from a variety of published sources.
ItsontheGrid is the only publicly-available source of actionable film-development information, including studio writing and directing assignments and spec-script information.
"The acquisition marks a milestone in TheWrap's next phase of growth as we continue to build the essential multi-platform media company for the entertainment sector," said Sharon Waxman, CEO and founder of TheWrap News, in a statement. "Jason brings an unrivaled understanding of the needs of entertainment professionals, and will help TheWrap more deeply serve the industry and those who aspire to enter the movie business."
Scoggins joins TheWrap News Inc. as chief product officer and general manager of ItsontheGrid.com, overseeing the database and a host of new products that will roll out in the coming year.
“Joining forces with TheWrap represents the ideal evolution for ItsontheGrid.com,” Scoggins said. “TheWrap has demonstrated its commitment to supporting the entertainment community, and it’s an honor to join them in building a 360-degree media company that’s poised for powerful growth.”