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.
