SVB Collapse Hits Hollywood Payroll Firm Wrapbook, Which Says Payments Will Be Delayed by Bank’s Shutdown

In the wake of the sudden collapse of Silicon Valley Bank, Wrapbook, a company that provides payroll services for TV and film productions, said payments submitted through its platform will be subject to delays. In messages to clients Friday, Wrapbook said payroll-processing delays caused by the failure of SVB — which came after a historic […]