TheWrap (aka TheCrap) keeps getting turned down by the private investment companies which it has recently approached for survival funding — Saban, Shamrock, and a long list of others. And the new owners of The Hollywood Reporter aren’t interested in buying the website, given its deteriorating situation, although it’s been offered to them again and again.(As you know, the new owners made an unsolicited offer to me in January to become THR editor-in-chief.)  Meanwhile, several more current staffers at TheCrap are openly looking for new jobs in this tough media market.

NYM Hires Editor From TheCrap Which Keeps Losing Staffers)