TheWrap Scoops Up Script Database ItsontheGrid.com

Looks like TheWrap‘s Sharon Waxman is putting some of that recently raised venture capital to quick use. Ahead of a press release scheduled for this afternoon, TechCrunch.com shares details of her Hollywood news website’s acquisition of ItsontheGrid.com, a subscription service that monitors Hollywood scripts in development and on the fast track.

The man responsible for the website, Jason Scoggins, will be joining TheWrap as its new Chief Product Officer. He will apparently be helping develop a whole range of unspecified products in the coming year.

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