Sean 'Diddy' Combs sells off stake in Revolt, media company he founded in 2013

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Sean 'Diddy' Combs has sold off his stake in Revolt, the media company the rapper and entrepreneur founded over a decade ago.

Sean “Diddy” Combs arrives at the LA Premiere of “The Four: Battle For Stardom” at the CBS Radford Studio Center, May 30, 2018, in Los Angeles. Combs has sold off his stake in Revolt, the media company the rapper and …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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Sean Combs Sells Stake in Revolt, the Media Company He Co-FoundedRevolt announced Tuesday that Sean Combs had sold his majority stake in Revolt and that the company is now owned by its employees.
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Sean Combs sells stake in Revolt, media company he foundedJanelle Griffith is a national reporter for NBC News focusing on issues of race and policing.
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