TheWrap Launches Today

Sharon Waxman’s launched her site TheWrap today. The project promises to cover the ‘business of entertainment and media’.

Jon Friedman, at MarketWatch puts it like this:

Waxman intends to build a site that will come to be known as the “go-to” Internet destination for Hollywood news junkies, just as Politico has established itself in the political universe and Walt Disney’s ESPN is omnipresent in the sports world.

Cool, does that mean they pay writers? Because Politico pays writers.

Anyway, check out the sight here.

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