Get the latest gossip
Sean ‘Diddy’ Combs Sells Majority Stake in Revolt as Employees Become Largest Shareholder Group of the Media Company
After Sean 'Diddy' Combs' exit, employees of Revolt have become the largest shareholder group of the media company.
Current employees will become the largest shareholder group of Revolt as Combs’ shares of the company have been fully redeemed and retired, The New York Times reports. The change in ownership comes after various reports of big-money investors seeking to buy Combs’ stake in the company, including Essence founder Richilieu Dennis. In May, CNN released footage leaked from surveillance cameras that appears to depict Combs violently assaulting Cassie in a Los Angeles hotel.
Or read this on Variety