More on WWE’s Big Monday Announcement/The Rock’s Involvement, How Much Money Has WWE Invested in Tout?

February 17, 2013

The Rock Source: The Wrestling Observer

How Much Money Has WWE Invested in Tout?

WWE invested $5 million into Tout, which means the company has about a 5.2% stake in the video blog company. Despite WWE heavily pushing Tout in 2012, the service hasn't quite taken off as WWE had hoped, so there is barely any mention of it on WWE programming anymore, with focus instead being placed on the WWE app.

More Details on WWE's Big Monday Announcement/The Rock's Involvement

As we previously reported, WWE will be making a big announcement on Monday prior to Raw, and as many have speculated the announcement is expected to confirm that WrestleMania 30 will take place at The Superdome in New Orleans, Louisiana. The announcement will be made by Vince McMahon, John Cena, Triple H, Stephanie McMahon and The Rock.

The reason why The Rock is involved in the announcement is because he is committed to working WrestleMania 30, and will be on hand to announce the PPV location.

In related news, The Rock's current WWE run is expected to end in April, at which time he will be leaving to film "Hercules" in Croatia and Hungary.

Nick was born and raised in Detroit, Michigan, and lived there until the age of 18, when he decided to pack his flack jacket and move to New York City.

Nick attended New York University and graduated in 2001 with a degree in Drama.

Nick first entered the internet wrestling community back in 2004 when he became the co-host of The Voice of Wrestling Radio Show. From there, Nick made the transition from radio personality to editor when he began working with WrestleZone in 2008.

Nick is a member of two Off-Broadway theatre companies, Another Urban Riff, and the Drama Desk Award winning Godlight Theatre Company. Nick has appeared in over a dozen Off-Broadway plays since he moved to New York City, and has shot several short and feature length films. In 2010, he completed principle photography on a film titled "How to Score Your Life," which also features TNA Knockout ODB.

Inspiration in his life has come from many people including his family, Woody Allen, Steven Spielberg, Jack Nicholson, The Beatles, and of course, Lassie.