Sean "Diddy" Combs sells stake in Revolt media company amid legal troubles

Sean has sold his majority stake in Revolt Media following several lawsuits alleging sexual assault and harassment.

Sean "Diddy" Combs has divested his majority stake in Revolt Media, the music-focused television network he co-founded in 2013. The announcement came after months of legal troubles for Combs, including multiple civil lawsuits alleging sexual assault and harassment.

Revolt CEO Detavio Samuels confirmed to The New York Times that Combs' shares have been "redeemed and retired," and he no longer holds any equity or position in the company. Revolt employees are now the largest shareholder group, ensuring the company remains Black-owned and operated.

Combs' departure from Revolt began in November 2023 when he temporarily stepped down as chairman amid the mounting lawsuits. Since then, the rapper has faced numerous allegations, including sex trafficking claims and accusations of drugging individuals.

One notable lawsuit was filed by Combs' ex-girlfriend Cassie, who accused him of rape and sex trafficking during their 10-year relationship. Combs vehemently denied these allegations, calling them "offensive and outrageous."

In March 2024, federal agents raided Combs' properties as part of an ongoing investigation, further escalating the legal pressure on the hip-hop mogul.

Revolt's statement emphasised that the company's mission remains unchanged: to create meaningful content for the culture and amplify the voices of Black people. They highlighted that this transformative structure allows the employees driving the company's growth to benefit from its success.