Sean 'Diddy' Combs Sells Majority Stake in Revolt Amid Allegations
TL;DR Summary
Revolt has announced a new ownership structure where current employees will become the largest shareholder group after founder Sean "Diddy" Combs stepped down as chairman and his shares were redeemed. The company remains Black-owned and aims to enhance employee incentives and morale. This change follows Combs' exit amid multiple allegations of sexual misconduct.
Topics:entertainment#black-owned-business#businessmedia#employee-shareholders#ownership-change#revolt#sean-diddy-combs
- Sean ‘Diddy’ Combs Sells Majority Stake in Revolt as Employees Become Largest Shareholder Group of the Media Company Variety
- Sean Combs Sells Stake in Revolt, the Media Company He Founded The New York Times
- Diddy sells off stake in media company he founded amid sexual assault allegations KOMO News
- Sean 'Diddy' Combs Fully Sells Stake in Revolt, Which He Founded PEOPLE
- Sean Combs sells stake in Revolt, media company he founded NBC News
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