LOS ANGELES — Sean “Diddy” Combs has sold off his stake in Revolt, the media company the rapper and entrepreneur founded over a decade ago.
Revolt didn’t disclose how much Combs was paid for his stake in the hip-hop news and entertainment company, which he founded in 2013. Revolt also announced a new ownership structure that will give its employees an equity stake in the company, which streams shows online, such as “Black Girl Stuff,” and “The Life of Draco,” featuring rapper Big Draco.
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