Business & Finance
Stephen Colbert expands scriptwriting software venture with seed funding round
Stephen Colbert secured seed investment to expand scriptwriting platform Scripto, according to The Hollywood Reporter.
The short version
- Stephen Colbert co-founded the scriptwriting software platform Scripto with Rob Dubbin after facing production workflow issues on The Colbert Report.[The Hollywood Reporter]
- The startup raised five million dollars in seed capital backed by Todd Steifel, J.J. Abrams, Marc Cuban, and Colbert alongside his wife Evelyn McGee Colbert.[The Hollywood Reporter]
- Josh Kline was brought on as chief executive after Colbert opted against selling the enterprise during the 2023 writers' strike.[The Hollywood Reporter]
Key facts
- Stephen Colbert and Rob Dubbin established the script software company Scripto after encountering writing workflow issues on The Colbert Report.[The Hollywood Reporter]
- Scripto secured $5 million in seed funding led by Todd Steifel, with additional support from J.J. Abrams, Marc Cuban, and Stephen and Evelyn McGee Colbert.[The Hollywood Reporter]
- Josh Kline was hired as chief executive officer after Colbert decided against selling the company during the 2023 writers' strike.[The Hollywood Reporter]
- The platform has been used by productions such as Saturday Night Live, The Daily Show, and Last Week Tonight.[The Hollywood Reporter]
What remains uncertain
- The extent to which Scripto can successfully penetrate traditional narrative film and television markets against incumbent software suites remains unmeasured.[The Hollywood Reporter]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.
- Stephen Colbert’s Next Act: Screenwriting Software Mogul?The Hollywood Reporter metered