Entertainment
Diddy Has Sold Off His Shares to Anonymous Buyer
Sean “Diddy” Combs, the hip-hop mogul, has recently sold off his shares in Revolt TV to an anonymous buyer for an undisclosed amount. This decision comes amidst a series of sexual assault and misconduct lawsuits against Combs, leading to his separation from the media company he founded in 2013. Despite stepping down from Revolt last November, Combs ensured that the company remains Black-owned by selling his shares to an interested buyer who shares a passion for Black culture. The new owner’s identity remains undisclosed at this time.
The controversy surrounding Sean “Diddy” Combs and Revolt TV revolves around a series of sexual assault and misconduct lawsuits filed against the music mogul. Combs, the founder of Revolt TV, temporarily stepped down as chairman of the media network following these allegations. The lawsuits include accusations of rape, sex trafficking, physical abuse, and sexual assault by multiple women, with claims dating back to the early 1990s. Despite denying the allegations and settling some of the lawsuits, Combs decided to sell off his shares in Revolt TV to an anonymous buyer, ensuring that the company remains Black-owned. The controversy has led to Combs’ separation from the media company he founded in 2013.
