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Diddy‘s now not related to Revolt TV in any type or style — the corporate he began in 2013 — as a result of it is now utterly beneath new possession … TMZ has discovered.
Sources conversant in the deal inform us Diddy just lately offered off all of his shares to an purchaser for an undisclosed sum — however we’re informed the corporate stays Black-owned … upholding its authentic connection and dedication to furthering the tradition.
Like we mentioned, it is unclear what precisely Revolt went for when it was all mentioned and finished — however we’re informed the brand new boss needs to stay nameless in the meanwhile. 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 you recognize, Diddy has been inactive with the community since stepping down as Chairman final November … and his final order of enterprise was being notified of the sale, which we’re informed simply went by this week. We’re informed it was an amicable deal, and everybody’s glad.
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 informed there will be no main adjustments to staffing or manufacturing for Revolt TV workers.
3/25/24
TMZ.com
Our sources say that, over time, the brand new proprietor will implement their imaginative and prescient … however that in the meanwhile, issues will largely stay the identical because the transition happens.
The one factor everybody’s questioning … is that this information in any manner linked to what’s been occurring with Diddy personally? On its face, the 2 issues seem like unrelated … as we’re informed this had been getting hammered out properly earlier than Diddy’s properties had been raided Monday.
Regardless of all that, it is a new day for Revolt … and a few new management is coming in quickly.
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