Diddy Divests from Revolt, Media Firm Unveils Employee-Ownership Model Amid Allegations Against Rapper

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Sean “Diddy” Combs, renowned rapper, and philanthropist, has released his financial grip on Revolt – a sprawling media organization originating from the creative depths of his entrepreneurial genius over a decade ago.

According to a press release circulated Tuesday by the Los Angeles-based company, Combs’ shareholding in Revolt has been entirely redeemed and retired, signaling a significant reshuffling in ownership rights and hierarchy. However, the details of Combs’ financial parting from the up-and-coming hip-hop news and entertainment company, formed by the musician as recently as 2013, remain veiled in corporate discretion.

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The enigmatic CEO of Revolt, Detavio Samuels, joined the intricately weaved tapestry of the enterprise just a year ago. Reflecting on the paradigm-shifting move, Samuels referenced an enlightened realization of Revolt’s universal vision, professing it to be greater and more far-reaching than any individual entity’s stake.

In terms of both social and structural innovation, the leadership went a step further, unveiling a new ownership outline that promises to allocate equity stakes to its dedicated workforce. The company, known for streaming audience-grabbing shows such as “Black Girl Stuff” and “The Life of Draco,” featuring the riveting narrative of rapper Big Draco, ventures into a fresh chapter of collective ownership.

This strategic sell-off unfolded against the backdrop of Combs’ somewhat tainted repute, owing to a wave of sexual assault and rape allegations that resurfaced against the hip-hop performer and producer. The storm brewed significantly towards the end of last year, as lawsuits began pouring in.

Notably, one of the key legal actions was instigated by R&B singer Cassie. She bravely documented her ordeal of enduring a prolonged abusive relationship marked by frequent physical assault and rape, with Combs as the perpetrator. This lawsuit, among others, was settled by Combs discretely just days after its initiation with Cassie, whose real name is Casandra Ventura.

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Melinda Cochrane is a poet, teacher and fiction author. She is also the editor and publisher of The Inspired Heart, a collection of international writers. Melinda also runs a publishing company, Melinda Cochrane International books for aspiring writers, based out Montreal, Quebec. Her publication credits include: The art of poetic inquiry, (Backalong Books), a novella, Desperate Freedom, (Brian Wrixon Books Canada), and 2 collections of poetry; The Man Who Stole Father’s Boat, (Backalong Books), and She’s an Island Poet, Desperate Freedom was on the bestseller's list for one week, and The Man Who Stole Father’s Boat is one of hope and encouragement for all those living in the social welfare system. She’s been published in online magazines such as, (regular writer for) ‘Life as a Human’, and Shannon Grissom’s magazine.