After Tout announced today a $13.4 million round of funding spearheaded by WWE, executive vice president Stephanie McMahon told PEHub.com “Tout is really the first deal that we’ve done of this kind, but we’re very opportunistic, so if the right opportunity came along, we’d definitely consider it.” Macmahon also said that investing in startups is “something we’re exploring.” You can read the full article at http://www.pehub.com/158903/world-wrestling-entertainment-turns-very-opportunistic-about-funding-startups/.

Shore's Slant: WWE is doing some moving and shaking these days, aren't they? Vince McMahon said the next time he stood before the shareholders it would be different. Looks like it. It's way to early to tell if any of this is a good idea, but it is nice to see the company being proactive in their thinking. As long as they don't lose sight of the core product, of course.

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