TheWrap.com, the news organization operated by The Wrap News, Inc., reports on business aspects of entertainment and media. The site posts original reports, exclusive contributions from prominent figures in the industry and more. The Los Angeles Press Club named TheWrap.com one of the best destinations for online news at the 2009 National Entertainment Journalism Awards, and the OMMA dubbed the site one of the "100 Most Important Online Publishers" in 2010. TheWrap.com is supported by Maveron, a venture-capital firm that was co-founded by Starbucks CEO Howard Schultz and Dan Levitan.