Dwayne The Rock Johnson takes over TKO! Join the wrestling legend in his groundbreaking move. #DwayneJohnson #TheRock #WWE #TKO #Entertainment
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00:00 Dwayne Johnson now owns The Rock.
00:02 Dwayne "The Rock" Johnson, the iconic wrestler turned Hollywood superstar, just made a groundbreaking
00:06 move in the world of wrestling and entertainment.
00:09 He not only joined the WWE board as a member, but he also secured exclusive rights to his
00:13 stage name, The Rock.
00:14 This is a monumental shift in the wrestling world, as Johnson now sits on the board of
00:18 TKO, the entity that owns both WWE and UFC.
00:22 But wait, there's more.
00:24 Johnson's deal also includes a sweet $30 million in stock options and full trademark ownership
00:29 of The Rock, a name synonymous with his illustrious career.
00:32 This strategic move allows him to capitalize on merchandising and royalties, while the
00:36 WWE has a 10-year exclusive licensing deal.
00:38 It's a win-win for both parties, and Johnson's journey from wrestling ring to boardroom isn't
00:42 just unprecedented, but it's a testament to his enduring legacy and his business acumen.
00:47 How will this change the game for WWE, and what new heights will The Rock reach in his
00:50 new exciting role?