Sean ‘Diddy’ Combs has stepped down from his role as chairman for REVOLT, a company that He Co-founded in 2013. The news arrives in the wake of Combs’ three sexual assault lawsuits.
REVOLT put out a statement on Instagram Tuesday morning (Nov. 28), the Black music television company aims to continue its mission of creating “meaningful content for the culture.”
“While Mr. Combs has previously no operational or day-to-day role in the business, this decision helps 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 statement begins. “Our focus has always been one that reflects our commitment to the collective journey of REVOLT — one that is not driven by the individual, but by the shared efforts and values of our entire team on behalf of advancing, elevating, and championing our culture and that continues.”
“ make it not just the biggest Black-owned network but the biggest media company that I can,” he said. I’m not pigeonholing myself. Again, nobody’s going to give us power, and they’re not going to share it with us. That’s why 10 years ago, I named my network REVOLT, because we have to take our quality of life back. There’s so much value and information.”
Earlier this month, Cassie alleged that Combs abused her during their on-and-off 11-year relationship. One day after filing the lawsuit against Combs, which alleged “episodes of horrific abuse” including rape, she settled with the mercurial music star.
“I have decided to resolve this matter amicably on terms that I have some level of control,” Ventura said in a statement by her attorney, Douglas Wigdor. “I want to thank my family, fans and lawyers for their unwavering support.”
Combs responded, adding,
“We have decided to resolve this matter amicably. I wish Cassie and her family all the best. Love.” No terms were disclosed and the release states that “the parties will have no further statements.”