Categorized | Entertainment

REVOLT announces new ownership: Its employees

REVOLT’s new ownership structure provides employees an equity stake as the company, while remaining Black-owned and operated, continues its mission to become the largest media company powered by creators and fueled by culture.

BY REVOLT / 6.4.2024

In a historic announcement today (June 4), REVOLT, the leading Black-owned multi-platform media company and home for creators shaping Hip Hop and youth culture globally, revealed its newly projected largest shareholder group: current employees. As the company continues to pioneer a new era of entertainment that empowers creators and establishes a new media model, this transformative structure ensures that the employees who are driving the company’s growth also have the opportunity to benefit from its success. The allocation of equity participation will be rolled out over the next few months. We’re working diligently to ensure a smooth and fair distribution process.

Comments are closed.

Categories

Online Color Edition

Front Page 7-12-24

Ads

Lottery Education Banner
South State Bank
Glory
Rays Baseball