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In page Sharon Waxman:

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Waxman founded the Hollywood and media business news site TheWrap in early 2009.[1] According to CBS Market Watch, Waxman raised $500,000 for TheWrap news, as a news portal site covering entertainment and media, which launched on January 26, 2009.[2] A second round of financing was closed in 2010. By 2013, TheWrap had grown into a site with 30 employees. It also convenes an annual conference attended by leaders in entertainment, media, and technology called TheGrill.[citation needed]