Actor and CEO of HitRecord Joseph Gordon-Levitt. Photo: Paul Marotta/Getty Images

Today at the Upfront Summit I'll be interviewing actor Joseph Gordon-Levitt. Not because he recently played Edward Snowden in a film — or Robin, for that matter — but because he's CEO of a startup called HitRecord that today will announce $6.4 million in Series A funding.

Driving the news: The company has actually been around since 2010, but this is its first round of outside funding.

Details: It's basically an online artist collaboration platform, whereby users contribute/edit/etc. on projects that range from songs to video games to short films. If the project ends up being sold (or was originally contracted, like was recently done with a Ubisoft game), then the creators get pro-rated payments based on their contributions (which can range from a dollar to over $1,000).

  • Gordon-Levitt, who serves as CEO of the 24-person team, says the funding should help HitRecord expand into "a platform." In pragmatic terms, that means it won't be coming up with all the project ideas, instead allowing proposals to be fed directly into the system by others.
  • Javelin Venture Partners led the round and was joined by Crosslink Capital and Advancit Capital. Gordon-Levitt explains that he intentionally sought money from Silicon Valley tech investors instead of from Hollywood entertainment investors, because he knows the part of the business he doesn't know.

Go deeper: Netflix takes on the movie industry

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Updated 13 mins ago - Politics & Policy

Ohio Gov. Mike DeWine tests negative for coronavirus after positive result

Photo: Justin Merriman/Getty Images

Ohio Gov. Mike DeWine (R) tested negative for the coronavirus after initially testing positive earlier Thursday, his office announced.

Why it matters: 73-year-old DeWine was set to meet President Trump Thursday on the tarmac at an airport in Cleveland and was tested as part of standard protocol.

Updated 23 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 9:30 p.m. ET: 18,996,008 — Total deaths: 712,476— Total recoveries — 11,478,835Map.
  2. U.S.: Total confirmed cases as of 9:30 p.m. ET: 4,877,115 — Total deaths: 159,990 — Total recoveries: 1,598,624 — Total tests: 59,652,675Map.
  3. Politics: Pelosi rips GOP over stimulus negotiations: "Perhaps you mistook them for somebody who gives a damn" — Ohio Gov. Mike DeWine tests positive.
  4. Public health: Majority of Americans say states reopened too quicklyFauci says task force will examine aerosolized spread Study finds COVID-19 antibodies prevalent in NYC health care workers.
  5. Business: The health care sector imploded in Q2More farmers are declaring bankruptcyJuly's jobs report could be an inflection point for the recovery.
  6. Sports: Where college football's biggest conferences stand on playing.

Trump issues order banning TikTok if not sold within 45 days

Illustration: Aïda Amer/Axios

Americans and U.S. companies will be banned from making transactions with ByteDance, the Chinese owner of TikTok, in 45 days, according to a new executive order President Trump issued Thursday evening.

The big picture: Last week Trump announced his intention to ban TikTok but said he'd leave a 45-day period for Microsoft or other U.S.-based suitors to try to close a deal to acquire the popular video-sharing app.