TheWrap.com was founded in 2009 by Sharon Waxman, a renowned journalist with experience in The New York Times and The Washington Post. Sharon envisioned a platform that would provide high-quality news coverage focused on the entertainment and media industry. TheWrap.com is currently owned by Sharon Waxman along with a group of private investors.Headquartered in Santa Monica, California, TheWrap.com provides intense coverage of the entertainment industry. This includes Hollywood film, television, digital, media, awards, and industry business. Besides, it offers insights into Global Entertainment and Media. They also host various industry conferences and festivals.**One interesting fact**: TheWrap.com is not just a news platform. It has expanded its brand to include Wrap Events, a series of live interview settings that feature discussions with influential figures in the film industry. TheWrap's events include the Power Women breakfast series, the Oscar season screening series, and the Grill Conference focused on the convergence between entertainment and technology.