• Wrap Exclusive: Virgin Megastores to Close in U.S., CEO Simon Wright Confirms

    The six remaining retail stores will shutter by this summer, signaling the end to a once-dominant consumer retail behemoth.

  • Hollywood 4.0: Coming Soon to a Browser Near You

    Very soon, all computers will be easily connected to big home LCD TV screens,. And everybody is going to be downloading entertainment content from the internet. Who will they download from? How will they pay for it? Will they pay for it? Enter Adam Fisk’s creation, Little Shoot. It is unlike most other peer to […]

  • At Eminem’s Trial: How Is an Online Music Sale Different?

    The legal battle between Universal Music Group (UMG) and Eminem’s publishing company continued Thursday, as the music company tried to prove in a downtown Los Angeles courtroom that a record sale is the same in both the physical and online world.

  • Is Murdoch’s FCC Waiver in Trouble?

    Angered by a cartoon that appeared last week in the New York Post, Rev. Al Sharpton and NAACP chief executive Benjamin Jealous are meeting today with officials at the Federal Communications Commission in Washington. Sharpton says that they will urge the FCC to review the waiver that allows the News Corps’ Rupert Murdoch to own […]

  • Stevie Wonder on the East Wing Dance Floor

    As Librarian of Congress James H. Billing put it the other day, “This really will be Wonder Week in Washington.” That’s Stevie Wonder of course. The 58-year-old singer, whose music was the backdrop for many of Barack Obama’s campaign appearances, will be honored tonight at the White House as now President Obama presents him with the Library […]

  • Fired? Liz Smith Didn’t Drink Enough With Col Allan

    Liz Smith is angry but not very surprised that the New York Post fired her. She said she saw it coming: She didn’t drink enough. “They are going to save the New York Post by firing me,” the 86-year-old columnist deadpanned in an interview with me today. “They’ll save my salary. It’ll put them right […]

  • Kid … Yahoo!’s Gonna Make You a Star!

    Believe it! Its latest online hit on one recent day reached nearly half the audience NBC got for its 9-11 primetime slot.

  • Defamer Disappearing Into Gawker

    Nick Denton, owner of the influential blog network Gawker media, said on his blog on Sunday that he would fold the Hollywood gossip site Defamer into the main gossip blog, Gawker.   Defamer had been for sale since December.   In an email to CNET Denton said that he had "two serious bids. But ad revenues […]

  • Shmuger, Dossett Speak on “Web and Hollywood” Panel at TheWrap’s Launch Party

    Yahoo’s Jeff Dossett and Marc Shmuger, chairman of Universal Pictures, spoke about challenges and opportunities the web presents for Hollywood at a panel during TheWrap.com’s official launch party at the Four Seasons Hotel Los Angeles. Before the panel, more than 200 industry pros mingled with TheWrap’s staff to toast the three-week-old site. Sharon Waxman, TheWrap’s founder and editor in Chief, moderated the panel, called “Hollywood 2.0: Transformation as Opportunity.”

  • Audiences Still Love Awards Shows … Online

    A new Yahoo report shows that entertainment sites have morning-after traffic spikes

  • Hollywood Ad Guru Fred Davis III Heads to D.C.

    To Washington Republicans, he’s Hollywood. To Hollywood liberals, he’s a Republican. That unusual frame of mind makes advertising guru Fred Davis III an odd fit for either town. With the Oklahoma-born Davis about to open an office in D.C., I talked to him by phone today about the difference between the two towns. “In California […]

  • Inside Google’s D.C. Offices

    Last week I took a tour of Google’s offices in Washington — a piece of Silicon Valley in button-down D.C. Think kid-inspired furniture in Google’s signature primary colors. A generous offering of employee comforts — a massage chair, a lactation room, and Google snacks – ubiquitous and available for the asking – like Google’s Reeses’ […]

  • Sign up to TheWrap, you may be invited to our launch party!

    Hey all, the launch event for TheWrap happens this Wednesday evening at the Four Seasons Hotel, Los Angeles. You might be one of the lucky people who attends! We are going to choose three new members of TheWrap community to come to this VIP event for Hollywood insiders. The evening will include not only meeting […]

  • Internet Piracy Is Killing Porn’s Profits

    Web sites like RedTube and PornHub allow users to view pirated porn videos for free.

  • That’s Unseemly: Britney Spears To Save Books

    The pop star wants to write a memoir about it all, and has invited the top publishers in the land to fly to L.A. to meet with her about it.