
Where Does Sean 'Diddy' Combs' Business Empire Stand After Conviction
Sean "Diddy" Combs has been acquitted of the most serious charges in his federal sex trafficking trial, but that doesn't mean the once-celebrated music mogul will see his business empire restored.
Combs, 55, who is one of the most influential figures in hip-hop history, was acquitted Wednesday of racketeering conspiracy and sex trafficking charges but convicted on prostitution offenses. Prosecutors painted a dark portrait of the mogul, with witnesses taking the stand to allege a pattern of violence and detail drug-fueled sex parties he reportedly called "freak-offs" or "hotel nights."
Combs was convicted of flying people around the country, including his girlfriends and paid male sex workers, to engage in sexual encounters, a felony violation of the federal Mann Act. He will remain in custody while he awaits sentencing.
Here's a closer look at how Combs' business portfolio and public image have crumbled under the weight of the allegations.
What Has Happened To Combs' Business Empire?
Before Combs was arrested and charged, his major business ventures had collapsed: He stepped down and later fully divested from Revolt TV, which was founded in 2013. The network offered a mix of programming focused on hip-hop culture, R&B music, social justice and documentaries.
He also reportedly lost a Hulu reality series deal and saw his once-iconic fashion brand Sean John vanish from Macy's shelves.
After surveillance footage surfaced last year showing Combs physically assaulting singer Cassie, his then-girlfriend, in 2016, consequences mounted: New York City revoked his ceremonial key, Peloton pulled his music, Howard University rescinded his honorary degree and his charter school in Harlem cut ties.
Last year, Combs settled a legal dispute with Diageo, withdrawing a lawsuit filed as part of a settlement with the London-based spirits giant, making the company the sole owner of Ciroc and DeLeon. While many of his ventures have unraveled, his music catalog - for now - remains intact.
Where Does Combs' Music Stand?
Bad Boy Records may be synonymous with 1990s icons like The Notorious B.I.G., Faith Evans, Ma$e, and 112, but Combs kept the label relevant before his arrest with high-profile releases.
In 2023, Combs dropped " The Love Album: Off the Grid," which was his first solo studio album in nearly two decades, and Janelle Monáe released her critically acclaimed project " The Age of Pleasure " through Bad Boy. Both albums earned Grammy nominations, with Monáe's effort recognized in the prestigious record of the year category.
Ahead of the "The Love Album" release, Combs made headlines by returning Bad Boy publishing rights to several former artists and songwriters, years after he was criticized for how he handled their contracts.
Bad Boy Records remains operational, but the label has been significantly shaken by Combs' legal firestorm and it hasn't announced any major upcoming releases.
Last week, a surprise EP called "Never Stop" released by his son, King Combs, and Ye (formerly Kanye West), showed support for the embattled mogul. The project was released through Goodfellas Entertainment.
Bad Boy Records remained active through 2022, backing Machine Gun Kelly's "Mainstream Sellout" under the Bad Boy umbrella. He was a producer on MTV's reality television series "Making the Band," and "Making His Band," launching the careers of artists like the girl group Danity Kane and male R&B group Day 26.
Could Diddy's Fortune Be At Risk?
Combs has been sued by multiple people who claim to have been victims of physical or sexual abuse. He has already paid $20 million to settle with one accuser, his former girlfriend Cassie. Most of those lawsuits, though, are still pending. It isn't clear how many, if any, will be successful, or how much it will cost Combs to defend himself in court. Combs and his lawyers have denied all the misconduct allegations and dismissed his accusers as out for a big payday.
Federal prosecutors had informed the court that if Combs is convicted, they would seek to have him forfeit any assets, including property, "used to commit or facilitate" his crimes. It was not immediately clear following the verdict how prosecutors would proceed or whether asset forfeiture would be part of a sentence imposed by the judge.
How Is Diddy's Music Faring On Streaming?
Despite the legal turmoil surrounding Combs, his music catalog remains widely available on major streaming platforms including Spotify, Apple Music and Amazon Music. None of the streamers have publicly addressed whether they plan to adjust how his music is featured.
Interestingly, Combs' music saw a roughly 20% boost in U.S. streaming between April and May 2025, his biggest monthly spike this year, according to Luminate. The numbers jump coincided with key moments in the trial, including testimonies from Cassie and Kid Cudi.
However, there was a slight drop-off with a 5 to 10% decrease in June compared to the previous month's streams.
Streaming makes up a fraction of an artist's revenue and is calculated through a complicated process called "streamshare." Most artists see very little pay from digital services.
What Happened To Other Businesses Like Sean John?
Sean John, founded in 1998, has gone largely dormant, with its presence disappearing from major retailers like Macy's. There are no clear signs of a relaunch on the horizon.
In 2023, Combs launched Empower Global, an online marketplace designed to uplift Black-owned businesses and strengthen the Black dollar. He positioned the platform as a modern-day "Black Wall Street," backing it with a reported $20 million of his own investment.
The platform debuted with 70 brands and planned to expand by onboarding new Black-owned businesses each month, aiming to feature more than 200 by year's end.
However, as 2023 came to a close, several brands cut ties with Empower Global. It was reported that some cited disappointing performance and growing concerns over the misconduct allegations surrounding Combs.
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For nearly two years, a nearly nonstop parade of allegations and revelations has ravaged and unraveled Sean "Diddy" Combs' carefully cultivated reputation as an affable celebrity entrepreneur, A-list party host, Grammy-winning artist and music executive, brand ambassador and reality TV star. It culminated in a verdict Wednesday that saw Combs acquitted of the most serious sex trafficking charges, though guilty of two lesser ones. The stratospheric heights of his previous life may be impossible to regain, but the question remains whether a partial conviction could mean a partial public rehabilitation, or if too much damage has been done. "Combs managed to avoid becoming the next R. Kelly," said Evan Nierman, CEO and president of crisis public relations firm Red Banyan, referring to the R&B superstar convicted of similar sex trafficking charges as those that Combs beat. 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"There are definitely terms which have now become part of the popular lexicon that never existed pre-Diddy trial, including things like 'freak-off,'" Nierman said. "The images that were painted in the trial and some of the evidence that was introduced is going to stick with him for a long time." Danny Deraney, who has worked in crisis communications for celebrities as CEO of Deraney Public Relations, agreed. "The jokes will haunt him forever," Deraney said. Managing public narratives - something Combs has previously excelled at - will be essential. He could cast himself as a tough survivor who took on the feds and came out ahead, or as a contrite Christian seeking redemption, or both. "It's a powerful thing for the hip-hop mogul to go public and brag that he beat the rap and that the feds tried to come after him and they failed," Nierman said. "I could definitely see him leaning into that." Nierman said the fight "now will become part of the Sean Combs mythology." Combs fell to his knees and prayed in the courtroom after he was acquitted Wednesday of sex trafficking and racketeering charges. The moment by all accounts was spontaneous but could also be read as the start of a revival narrative. "No matter what you're accused of, it's what you do to redeem yourself on the way back," Deraney said. "Is he redeemable? Those are still heavy charges he was guilty of. It's tough to say; people have had these charges hanging over their heads and were able to move on." The long fall Combs has been behind bars since his September arrest and will remain jailed while he awaits sentencing. His long reputational fall began when his former longtime girlfriend and R&B singer Cassie, the criminal trial's key witness, sued him in November 2023, alleging years of sexual and physical abuse. He settled the next day for $20 million, but the lawsuit set off a storm of similar allegations from other women and men. Most of the lawsuits are still pending. The Associated Press does not typically name people who say they have been sexually abused unless they come forward publicly, as Cassie, born Casandra Ventura, has. The revelation last year of a major federal sex trafficking investigation on the day of a bicoastal raid of Combs' houses took the allegations to another level of seriousness and public knowledge. The later revelation that feds had seized 1,000 bottles of baby oil and other lubricant entered the popular culture immediately. Fellow celebrities were called out for past Diddy associations - though no others were implicated in the criminal allegations. The May 2024 leak of a video of Combs beating Cassie in a Los Angeles hotel hallway eight years earlier was arguably just as damaging, if not more, than the initial wave of allegations. It brought a rare public apology, in an earnestly presented Instagram video two days later. Nierman called the video, shown at trial, "something people aren't just going to forget." 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