Diddy Sells Entire Stake in Revolt Amid Allegations, Employees Take Over

1 min read
Source: KOMO News
Diddy Sells Entire Stake in Revolt Amid Allegations, Employees Take Over
Photo: KOMO News
TL;DR

Sean "Diddy" Combs has sold his stake in Revolt, the media company he founded, amid ongoing sexual assault allegations. The company announced a new ownership structure that includes employee equity stakes. This move follows several lawsuits, including one from R&B singer Cassie, accusing Combs of abuse and rape, which he settled shortly after it was filed.

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