Diddy Sells Off All Revolt TV Shares To Anonymous Buyer

Diddy‘s now not related to Revolt TV in any kind or style — the corporate he began in 2013 — as a result of it is now utterly underneath new possession … TMZ has discovered.

Sources aware of the deal inform us Diddy lately bought off all of his shares to an purchaser for an undisclosed sum — however we’re advised the corporate stays Black-owned … upholding its unique connection and dedication to furthering the tradition.

Like we mentioned, it is unclear what precisely Revolt went for when it was all mentioned and carried out — however we’re advised the brand new boss needs to stay nameless in the intervening time. With that mentioned, our sources say they share a deep ardour for Black tradition … and so they plan on publicly making a proper introduction within the coming weeks.

As , Diddy has been inactive with the community since stepping down as Chairman last November … and his final order of enterprise was being notified of the sale, which we’re advised simply went via this week. We’re advised it was an amicable deal, and everybody’s blissful.

Per our sources, Revolt’s CEO Detavio Samuels and Chief Model Officer Deon Graham will stay of their present positions and help the proprietor whereas the ink dries on the contract. One other factor … we’re advised there will be no main adjustments to staffing or manufacturing for Revolt TV workers.

Our sources say that, over time, the brand new proprietor will implement their imaginative and prescient … however that in the intervening time, issues will largely stay the identical because the transition happens.

The one factor everybody’s questioning … is that this information in any approach related to what’s been happening with Diddy personally? On its face, the 2 issues seem like unrelated … as we’re advised this had been getting hammered out properly earlier than Diddy’s properties were raided Monday.