Sean "Diddy" Combs has sold a majority stake in Revolt, the media company and television network he founded in 2013, according to the company.
Revolt, a Black-owned multi-platform media company, has announced its largest shareholder group is now its own employees. In a press release, a spokesperson for Revolt said that the new ownership model ensures that employees who are driving the company’s growth can also benefit from its success, aligning with an emerging industry trend of equity participation.
“Today, we are most proud of the transformation that our teams will experience as they shift from being employees to owners of the business they are helping to build,” CEO Detavio Samuels said in a statement on Tuesday. “Black culture is global culture, and Revolt’s superpower is being the home for creators that move culture globally, allowing us to build the most powerful storytelling engine for Black voices.”
A spokesperson for Revolt said that shares held by Combs have been “fully redeemed and retired.”
Representatives for Combs did not immediately respond to CNN’s request for comment.
Combs stepped aside as chairman of Revolt in November, after he was named is several civil lawsuits in which he has been accused of sexual assault and other illegal activity. Combs has vehemently denied claims from many of the civil suits but has not responded to all of the allegations.
Last month, CNN published a 2016 surveillance video that showed Combs physically assaulting Cassie Ventura, a former girlfriend who filed a now-settled civil suit against Combs in November 2023.
Combs apologized for his actions in the video nearly two days after CNN’s report was first published.
Meanwhile, federal investigators are preparing to bring accusers of the music mogul before a federal grand jury, according to two sources familiar with the probe — signaling the US Justice Department is moving toward potentially seeking an indictment of Combs.
Federal investigators are also looking into allegations of money laundering and illegal drugs, CNN previously reported.
Revolt Media was founded by Combs in 2013 with the intention of highlighting Black culture and hip-hop.
Former Canadian fashion mogul Peter Nygard has been sentenced to 11 years in prison. The sentence was handed to Nygard, 83, by Ontario Superior Court Justice Robert Goldstein in Toronto on Monday. Last November, a jury found Nygard guilty of four counts of sexual assault following a six-week trial.
Catherine, Princess of Wales, says she has completed her chemotherapy treatment and is 'cancer free.'
Air Canada is finalizing plans to suspend most of its operations, likely beginning Sunday, as talks with the pilot union are nearing an impasse over 'inflexible' wage demands, the country's largest airline said on Monday.
A man wanted for allegedly throwing scalding coffee on a baby in an unprovoked attack at a park in the northern Australian state of Queensland is now the subject of an international manhunt.
Wednesday marks 11 years since Sudbury teen Meagan Pilon was reported missing and police are appealing to the public again for information.
Family and friends of the Gaudreau brothers will say goodbye at a private funeral service Monday.
In a process nearly a year in the making, the Professional Women’s Hockey League on Monday unveiled the nicknames and logos for each of its six franchises entering its second season.
A federal trial is set to begin Monday over claims that supporters of former U.S. president Donald Trump threatened and harassed a Biden-Harris campaign bus in Texas four years ago, disrupting the campaign on the last day of early voting.
A young golden eagle attacked a toddler in Norway, clawing her so badly that she needed stitches, in what an ornithologist says is likely the bird's fourth such attack on humans in the past week.
Former Canadian fashion mogul Peter Nygard has been sentenced to 11 years in prison. The sentence was handed to Nygard, 83, by Ontario Superior Court Justice Robert Goldstein in Toronto on Monday. Last November, a jury found Nygard guilty of four counts of sexual assault following a six-week trial.
Wednesday marks 11 years since Sudbury teen Meagan Pilon was reported missing and police are appealing to the public again for information.
A judge is expected to hand down sentences today for two men convicted for their roles in the 2022 Coutts, Alta., border blockade.
Around 50 people participated in Sunday's annual Kidney Walk in Barrie to raise awareness and funds for kidney health, including a wife who donated a kidney to her husband.
Heather Appleton just renewed her passport for another ten years. “I’m not checking out yet,” said Appleton, 61, who has the incurable cancer, Multiple Myeloma.
A 12-year-old collie was killed by three pit bulls in the B.C. Interior Sunday morning, according to authorities.
A man wanted for allegedly throwing scalding coffee on a baby in an unprovoked attack at a park in the northern Australian state of Queensland is now the subject of an international manhunt.
A federal trial is set to begin Monday over claims that supporters of former U.S. president Donald Trump threatened and harassed a Biden-Harris campaign bus in Texas four years ago, disrupting the campaign on the last day of early voting.
Gaza's humanitarian crisis worsens as Palestinians trapped in the besieged enclave after 11 months of war, both within and outside hospitals, face deteriorating sanitary conditions
Democrat Kamala Harris and Republican Donald Trump will battle each other on Tuesday in their first televised debate, a high-stakes clash that could give the winner an advantage in the final sprint to Election Day.
Jury selection was scheduled to begin Monday in the federal trial of three former Memphis officers charged with violating the civil rights of Tyre Nichols, the 29-year-old man whose fatal beating was caught on police cameras, triggering protests and calls for police reform.
The number of people killed in overnight Israeli strikes in Syria has risen to 18 with dozens more wounded, Syria's health minister said Monday, the largest death toll in such an attack since the beginning of the war in Gaza.
As tens of thousands of public servants return to the office for a minimum of three days a week this week, public service unions continue to oppose the federal government's new hybrid work policy.
Prime Minister Justin Trudeau may be bracing for an earful from his caucus when Liberal MPs gather in Nanaimo, B.C. today to plot their strategy for the coming election year.
The Bloc Québécois says its ready to wheel and deal with Prime Minister Justin Trudeau's party for support during confidence votes now that the Liberal government's confidence and supply agreement with the NDP has ended.
The Canadian Medical Association says there should be better tracking of health-care spending, following health-care agreements the federal government has signed with the provinces and territories.
It’s been just over a week since the federal government banned nicotine pouches from being sold anywhere other than a pharmacy.
Questions are being raised about the case of a 36-year-old Ontario woman who died of liver failure after she was rejected for a life-saving liver transplant after a medical review highlighted her prior alcohol use.
Apple's ubiquitous iPhone is about to break new ground with a shift into artificial intelligence that will do everything from smartening up its frequently dim-witted assistant Siri to creating customized emojis on the fly.
One month after a judge declared Google's search engine an illegal monopoly, the tech giant faces another antitrust lawsuit that threatens to break up the company, this time over its advertising technology.
Huddling for safety in classrooms as gunfire rang out, students at Apalachee High School texted or called their parents to let them know what was happening and send what they thought could be their final messages. One student texted her mother to say she loved her, adding, 'I'm sorry I'm not the best daughter.'
'Shogun' won the most Emmys ever for a single season of a television series with 14 at the Creative Arts Emmy Awards on Sunday night, while 'The Bear' won seven including best guest actress in a comedy series for Jamie Lee Curtis.
Givenchy has named Sarah Burton creative director for women’s and men’s collections, with immediate effect, the fashion house announced on Monday.
A new Calgarian with a lengthy Bollywood resume is heading to the Toronto International Film Festival this week to promote his most recent film.
Air Canada is finalizing plans to suspend most of its operations, likely beginning Sunday, as talks with the pilot union are nearing an impasse over 'inflexible' wage demands, the country's largest airline said on Monday.
Alimentation Couche-Tard Inc. says it is 'disappointed' in a refusal of its takeover offer by the Japanese owner of 7-Eleven and remains focused on reaching a deal.
Apple's ubiquitous iPhone is about to break new ground with a shift into artificial intelligence that will do everything from smartening up its frequently dim-witted assistant Siri to creating customized emojis on the fly.
Givenchy has named Sarah Burton creative director for women’s and men’s collections, with immediate effect, the fashion house announced on Monday.
Do LGBTQ2S+ tourists have a green book-like system for staying safe while travelling in these politically precarious times? They don't have one. They have many.
Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago.
Family and friends of the Gaudreau brothers will say goodbye at a private funeral service Monday.
Miami-Dade police said Sunday they will investigate why Dolphins wide receiver Tyreek Hill was handcuffed and placed facedown on a street by their officers after he was stopped for a traffic violation near Hard Rock Stadium on Sunday, hours before his team opened the NFL season.
Jannik Sinner beat Taylor Fritz 6-3, 6-4, 7-5 with a relentless baseline game to win the U.S. Open men’s championship on Sunday, less than three weeks after being exonerated in a doping case.
Nearly two-dozen drivers were caught in a speed trap outside a Vancouver elementary school on Thursday – as students were settling back into their daily routines.
Volvo Cars said on Wednesday that plug-in hybrids would continue to be a critical part of its profit growth plans over the next few years and that it would revamp its XC90 hybrid sports utility vehicle.
An Ontario man said he couldn't believe an electric car he bought three years ago for $20,000 would need a new battery at a cost of more than $33,000.
Charred stumps and the remains of fire-ravaged trees still cover large tracts of land on the Jasper landscape, but life is returning quickly down below.
Mary Grace Rico is seeking help in getting treatment for a rare spinal condition.
Swimmer Nicholas Bennett and para canoeist Brianna Hennessy have been named Canada's flag-bearers for Sunday's closing ceremonies of the Paralympic Games in Paris.
Halifax resident Tucker Bottomley started feeling the painful effects of rheumatoid arthritis at the age of 21.
Roger Barker was looking forward to exchanging a book at one of the Little Free Libraries that had been erected in his neighbourhood, until he found it vandalized.
You never know what you might find in your doorbell camera footage...
Brenda Tremblay has been an avid gardener for the last 40 years, but this year’s harvest in Colpitts Settlement, N.B., is a tough nut to crack.
A group of seniors in Ontario is offering their time and experience as parents struggle to find reliable child care spaces.
Saskatchewan man Clyde Hall has been collecting and restoring antique farm equipment for five decades. He's now ready to part with his collection.
A 32-year-old man is facing eight charges, including assault with a weapon and assault causing bodily harm after, after a group of young people were attacked on a popular pedestrian trail on southern Vancouver Island.
An attempted break-in to a Metro Vancouver business was caught on camera this weekend, leaving the owner with a terrifying sense of déjà vu.
Metro Vancouver has been under hazy skies due to wildfire smoke wafting into the region from the U.S, but conditions are expected to change Monday.
Former Canadian fashion mogul Peter Nygard has been sentenced to 11 years in prison. The sentence was handed to Nygard, 83, by Ontario Superior Court Justice Robert Goldstein in Toronto on Monday. Last November, a jury found Nygard guilty of four counts of sexual assault following a six-week trial.
Catherine, Princess of Wales, says she has completed her chemotherapy treatment and is 'cancer free.'
After a brief reprieve, Toronto could see the return of summer heat later this week.
Family and friends of the Gaudreau brothers will say goodbye at a private funeral service Monday.
Airdrie RCMP are investigating after a 72-year-old man was struck and killed early Sunday morning.
After dipping below the threshold of unsustainable water usage for one day, Calgary is back up into the red area.
As tens of thousands of public servants return to the office for a minimum of three days a week this week, public service unions continue to oppose the federal government's new hybrid work policy.
Ottawa's professional women's hockey team will be called the Charge, with a spinning 'O' logo designed to convey a sense of energy and movement.
A 20-year-old driver is facing several charges, including careless driving, after a vehicle crashed into the front porch of a building on King Edward Avenue in Ottawa.
A five-year-old child and a 63-year-old man are in hospital after being hit by a car in Montreal's east end.
Unions trying to organize at Amazon workplaces across Canada are facing a series of hurdles, including legal challenges and alleged anti-union tactics from the e-commerce giant.
The Professional Women’s Hockey League has unveiled long-awaited team names and logos for all six franchises.
Charred stumps and the remains of fire-ravaged trees still cover large tracts of land on the Jasper landscape, but life is returning quickly down below.
Air Canada is finalizing plans to suspend most of its operations, likely beginning Sunday, as talks with the pilot union are nearing an impasse over 'inflexible' wage demands, the country's largest airline said on Monday.
A judge is expected to hand down sentences today for two men convicted for their roles in the 2022 Coutts, Alta., border blockade.
The death of a man after an alleged police shooting in Elsipogtog First Nation, N.B., is under investigation.
A 47-year-old man from Maine, U.S., is facing a second-degree murder charge after police arrested him during a day-long manhunt in the Esgenoôpetitj (Burnt Church) First Nation area of New Brunswick on Friday.
A former Halifax taxi driver who fled the country after being convicted of sexually assaulting a passenger has been extradited from Italy to Canada.
Former Canadian fashion mogul Peter Nygard has been sentenced to 11 years in prison. The sentence was handed to Nygard, 83, by Ontario Superior Court Justice Robert Goldstein in Toronto on Monday. Last November, a jury found Nygard guilty of four counts of sexual assault following a six-week trial.
A second person has been charged in connection with a fatal hit-and-run that killed a cyclist on Wellington Crescent last June.
Giveaway Weekend is fast approaching, with a chance to unload your unwanted but reusable items to new homes.
The provincial government and City of Regina announced the location for future joint use elementary and high schools in the city's east end on Monday.
Numerous high temperature records fell across Saskatchewan on Sunday as a late summer heat wave lingers in the province.
A pedestrian was taken to hospital with serious injures after the driver of a vehicle hit them while they were crossing the street Sunday morning.
According to police, during a traffic stop in Waterloo, officers noticed firearms and ammunition inside the vehicle.
Faye Dzikewich continues to fight for answers for her 36-year-old son, who died after spending the night in an Ontario Provincial Police cell in Rockwood, Ont.
More than a dozen vehicles have been stolen from Cambridge since mid-August.
Saskatchewan's Serious Incident Response (SIRT) is investigating after a man died as a result of police action on Ahtahkakoop Cree Nation.
Online fundraisers have been launched to support the victims of an incident that saw a student set on fire at Evan Hardy Collegiate on Thursday.
Three years have gone by since the death of nine-year-old Baeleigh Maurice at the intersection of 33rd St. W. and Avenue G. Three years marked by court dates, committee meetings, and pleas to the city to improve safety conditions.
Wednesday marks 11 years since Sudbury teen Meagan Pilon was reported missing and police are appealing to the public again for information.
Ontario Provincial Police say a 54-year-old novice driver was travelling with drugs and without a required ignition interlock device or a qualified driver in the vehicle when it ended up in the ditch off Highway 11 last month, leading to multiple charges including impaired driving.
Another politician has added his voice to the call to have the timeline to build a new bridge in Little Current to connect Manitoulin Island to the mainland sped up.
The Thames Valley District School Board (TVDSB) has announced that Director of Education Mark Fisher is on a leave of absence.
A St. Thomas business is out $140,000 after becoming a victim of fraud. On Saturday, the business contacted police and said they were made aware of a fraudulent business vendor.
Owen Sound police are searching for witnesses after a pedestrian was dragged by a vehicle.
Fire crews responded to a fire at Berczy Park in Barrie early Sunday morning, where a group of people using the area as a campground received a three-day eviction notice from the City earlier this week.
Familiar faces were brought back together as more than a hundred CKVR alumni gathered at Donaleigh's Irish Public House Saturday night for a special reunion.
Officers stopped a vehicle allegedly speeding more than 50 kilometres over the posted limit in Kawartha Lakes, netting the driver a lengthy licence suspension.
Windsor fire was on scene of a blaze at a former school on Norman Road Sunday afternoon.
A Chatham teen with a knife is facing charges after allegedly threatening another youth.
Catherine, Princess of Wales, says she has completed her chemotherapy treatment and is 'cancer free.'
A 32-year-old man is facing eight charges, including assault with a weapon and assault causing bodily harm after, after a group of young people were attacked on a popular pedestrian trail on southern Vancouver Island.
A 12-year-old collie was killed by three pit bulls in the B.C. Interior Sunday morning, according to authorities.
Prime Minister Justin Trudeau may be bracing for an earful from his caucus when Liberal MPs gather in Nanaimo, B.C. today to plot their strategy for the coming election year.
A 12-year-old collie was killed by three pit bulls in the B.C. Interior Sunday morning, according to authorities.
Mounties in northwestern B.C. say they have arrested the suspect in a fatal shooting almost exactly a year after it occurred.
A man has now been charged for his alleged role in a hit-and-run that killed a teenager in Kelowna, B.C., last fall.
Rob Miyashiro was selected as the NDP candidate in Lethbridge-West Saturday to replace MLA Shannon Phillips.
It’s been just over a week since the federal government banned nicotine pouches from being sold anywhere other than a pharmacy.
A more inclusive and welcoming land acknowledgment has been released by the City of Lethbridge.
Wednesday marks 11 years since Sudbury teen Meagan Pilon was reported missing and police are appealing to the public again for information.
A Montreal-based power pop band with strong ties to northern Ontario is kicking off its new tour in North Bay at the end of the month followed by three other northern stops.
Another politician has added his voice to the call to have the timeline to build a new bridge in Little Current to connect Manitoulin Island to the mainland sped up.
A 16-year-old biennial event aimed at fostering business in the country's eastern Arctic and northern regions has been cancelled indefinitely as a dispute unfolds between Inuit in Canada and a Labrador group claiming to share their heritage.
Jim Lester’s farm hopped on the cow-cuddling trend in early August, and his time slots have been pretty well sold out ever since.
The federal government has temporarily paused parts of the newly reinstated commercial northern cod fishery off the east coast of Newfoundland as landings approach the seasonal limit.
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