Diddy sold all of his shares in Revolt TV after raids on his mansions in Miami and Los Angeles as part of an investigation into sex trafficking, and he is no longer connected to the network.
In 2013, the media channel was formed by Andy Schuon and the Rap Mogul. Nevertheless, Diddy resigned as the company’s chairman in November 2023. Eyes Of Lagos reports,
After he and his ex-girlfriend Cassie settled a high-profile sexual assault lawsuit, he was slapped with numerous lawsuits from other claimed victims, which led to his exit.
Although it was initially stated that Diddy’s separation with Revolt would only be temporarily, things have since become permanent. The 54-year-old reportedly sold all of his Revolt shares for an undisclosed sum, according to insiders.
The buyer’s identity has yet to be revealed, but it’s reported the company is still Black-owned.
According to TMZ, Revolt’s CEO Detavio Samuels and Chief Brand Officer Deon Graham will remain in their current positions and assist the owner.
