Reported 4 months ago
Sean 'Diddy' Combs has sold his stake in Revolt, the media company he founded over a decade ago. The company announced that Combs' shares have been fully redeemed and retired, without disclosing the amount paid. The new ownership structure will now include equity for employees, as the company streams shows such as 'Black Girl Stuff' and 'The Life of Draco'. This move follows legal challenges for Combs regarding allegations of sexual assault and rape.
Source: YAHOO