TMZ claims Diddy is no longer affiliated with REVOLT “in any form or fashion.” The 54-year-old is said to have sold all of his firm shares to an unnamed buyer for a “undisclosed sum”.
The outlet states that REVOLT is now “completely under new ownership.” However, sources close to the supposed purchase have told the site that REVOLT is still Black-owned.
TMZ reported that the new owner want to stay “anonymous for the time being.” However, the site says that the new owner will make a formal public introduction in the following weeks.
According to reports, the company’s CEO Detavio Samuels and Chief Brand Officer Deon Graham will continue in their posts, with no substantial staff changes expected.
