Disney, UTA Execs Invest in New Social Network ‘Rex’

Hollywood Reporter: A Sundance darling and a veteran of Soho House’s executive team are launching a new social network called Rex. The platform — conceived by director Chris Smith and Ashley Lent Levinson — is a mobile app to help users share and curate cultural recommendations. Among Rex’s financial backers are Sean Bailey, president of production at Walt Disney Pictures, as well as UTA’s new media ventures unit.