Sean Combs Sells Majority Stake in Revolt to Employees

1 min read
Source: The New York Times
Sean Combs Sells Majority Stake in Revolt to Employees
Photo: The New York Times
TL;DR

Sean Combs has sold his majority stake in Revolt, the media company he founded, amid mounting legal scrutiny over allegations of sexual and physical abuse. The largest shareholder group at Revolt is now made up of employees. This move follows a series of lawsuits filed against Combs, including one from his former girlfriend, Cassie, which has significantly impacted his business empire.

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