this post was submitted on 23 Jan 2024
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SquaredCircle

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Johnson Granted Full Ownership of Trademarked Name, “The Rock” TKO Group Holdings, Inc. (NYSE: TKO) (“TKO”), a premium sports and entertainment company, has appointed Dwayne Johnson to its Board of Directors, effective today. Johnson, one of the most decorated WWE Superstars in company history and the most followed American man globally on social media platforms, brings decades of experience in live entertainment and sports to the Board. Through his expansive business portfolio, which includes Seven Bucks Productions, Teremana Tequila, ZOA Energy, Project Rock, and the recently combined spring football league, the United Football League (UFL), Johnson has significant experience identifying and cultivating revenue generating media rights, live events, sponsorship, licensing, and social media opportunities. The appointment of Johnson reflects TKO’s commitment to delivering long-term value and strong performance for shareholders through strategic growth initiatives across both UFC and

WHAT FUCKING WORLD ARE WE LIVING IN LMAO

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[–] [email protected] 4 points 9 months ago (1 children)

What exactly is TKO actually getting out of this deal? The Rock gets 30 million dollars in stock plus his stage name, and gets to continue his reputation rehab tour, but what does WWE get that they didn't already have? I'm just not seeing what WWe gets from this other than saying Rock is on the board and conning some people into buying their stock after getting it labeled as "Do not Buy" last month. I just don't get it, but I'm not a millionaire socialite.

[–] [email protected] 3 points 9 months ago

So it's like the end of the 2015 Rumble, only instead of Roman, The Rock is standing by stock reports?