Diddy Sold RevoltTV: Anonymous Buyer Acquires TV Empire Amid Sexual Trafficking Probe

Amid the ongoing controversy surrounding Diddy and his alleged sex trafficking investigation, a report emerged that he has sold his RevoltTV shares to an anonymous buyer.

This came weeks after he stepped down as the chairman of the board following numerous sexual assault and harassment lawsuits filed against him.

Diddy Sold RevoltTV to an Anonymous Buyer

Billboard reported that Sean "Diddy" Combs had sold his shares in RevoltTV to an anonymous buyer. TMZ initially reported the acquisition.

The date of the mystery sale remains unconfirmed. However, the insider source revealed that the company would still be Black-owned, but the buyer's identity for now has not been revealed. A formal introduction of the new head of the media conglomerate will be made at a later date.

The publication noted that the acquisition was finalized just this week, around the same time that Diddy's Los Angeles and Miami homes were raided by Homeland Security. RevoltTV's Detavio Samuels and Deon Graham, who currently serve as the empire's Chief Executive Officer and Chief Brand Officer, respectively, will remain in their roles.

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Did 50 Cent Buy Diddy's RevoltTV?

Although the buyer's identity has not been revealed, 50 Cent's has said that he wants to acquire the company, suggesting that perhaps you may be the new owner.

"I'll buy that from you play boy, for the low because you know Cadillac and AT&T gonna pull out. I'll give you a few dollars for it now! Sell it to me, then we can be friends. I'm serious call my phone," 50 Cent said at the time.

In November 2023, Diddy stepped down as the chairman of RevoltTV after numerous sexual assault and harassment lawsuits were filed against him.

"This decision helps to ensure that Revolt remains steadfastly focused on our mission to create meaningful content for the culture and amplify the voices of all Black people throughout this country and the African diaspora," the company explained in a statement.

The company added that its vision "is not driven by an individual, but by shared efforts and values of our entire team on behalf of advancing, elevating, and championing our culture -- and that continues."

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