September 11, 2023, is a bittersweet day for WWE icon Dwayne Johnson. The actor has both a reason each to be happy and sad. While an ongoing phenomenon in Hollywood is likely to hit him financially, a concurrent development has promised to cover the losses.
If reports turn out to be true, the 51-year-old could see his $800 million net worth swell in coming months. This is also likely to give him an entry to the billionaire’s club, which is also populated by other ace athletes.
Dwayne Johnson to make money riding on ZOA energy drinks?
ADVERTISEMENT
Article continues below this ad
Apart from careers in pro wrestling and acting, Johnson is quite the businessman. In fact, he holds multiple portfolios, which help him keep the cash flowing. Among his many business ventures, The Great One co-owns ZOA, an energy drinks brand that has gained popularity since its launch in 2021.
Apart from Johnson, the company is co-owned by his former wife Dany Garcia, her present husband Dave Rienzi and other business partner John Shulman. The company has an active partnership with Molson Coors Beverage Company.
According to a report by Benzinga, the Chicago based multinational is looking to invest more money in Johnson’s company. This will enable the ZOA founders to opt for a more aggressive campaign, thus facilitating more sales.
While the exact amount invested by Molson Coors remains undisclosed, the new agreement will see them continue as ZOA’s exclusive distribution partner and take up a place on its board.
A press release stated that the energy drink is available at more than 42,000 retail locations across the US and Canada. ZOA also reported $100 million in sales last year and a 138% year-over-year growth.
Read More: Everything You Need to about Dwayne Johnson’s Newly Launched ZOA Energy Drink
While these developments will bring a smile to Johnson’s face, there are also reports emerging from Hollywood that’ll see the creases on the forehead increase.
Seven Bucks gets a suspension as strike fails to cease
The entirety of Hollywood has come to a standstill as workers are yet to call off the strikes that have been hampering work since May. On the contrary, the agitation received a boost after the actors’ body SAG-AFTRA joined it in July, following a failed deal with the Alliance of Motion Picture and Television Producers.
Now, reports have emerged that deals with Johnson’s Seven Bucks Productions have been stalled by NBCUniversal’s Universal Studio Group. However, Johnson isn’t the only top star to be affected by it.
ADVERTISEMENT
Article continues below this ad
The company has also suspended Lorne Michaels’ Broadway Video. Universal has joined other houses in stalling work amid the ongoing strike, which demands better payments for workers and a reduction in the use of Artificial Intelligence.
ADVERTISEMENT
Article continues below this ad
So, for now, Johnson will have to look at his other revenue streams for income, as Hollywood continues to witness the impasse. That said, what’s your take on Dwayne Johnson’s mixed luck? Let us know in the comments.
Watch This Story: Top Six Hollywood Movies of Former WWE Champion Dwayne “The Rock” Johnson