TheWrap Announces Acquisition of ItsontheGrid.com
TheWrap announced its acquisition today of entertainment industry database ItsontheGrid.com, which aggregates inside information on all aspects of film development. ItsontheGrid’s founder and President Jason Scoggins will serve as chief product officer and general manager of the site and will be responsible for a number of new products in the next year. The acquisition was made for an undisclosed amount of cash and stock.