Sean Combs Sells Revolt Stake to Employees Amid Legal Battles
TL;DR Summary
Sean Combs has sold his majority stake in Revolt, the media company he founded, amid mounting sexual assault allegations. Revolt announced that Combs' shares have been fully redeemed and retired, and the company will remain Black-owned and operated. This move comes after Combs faced multiple lawsuits and a federal investigation, with recent developments including a video apology for past abusive behavior.
Topics:entertainment#business-sale#businessentertainment#media-company#revolt#sean-combs#sexual-assault-allegations
- Sean Combs sells stake in Revolt, media company he founded NBC News
- Sean Combs Sells Stake in Revolt, the Media Company He Founded The New York Times
- Sean 'Diddy' Combs Fully Sells Stake in Revolt, Which He Founded PEOPLE
- Sean “Diddy” Combs, Facing Several Sexual Assault Lawsuits, Sells Shares in Revolt Pitchfork
- REVOLT announces new ownership: Its employees REVOLT
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