Diddy trial verdict: After Sean Combs' conviction, here's where his business ventures stand

Sean “Diddy” Combs has been cleared of the most severe charges in his federal sex trafficking case, yet this doesn’t necessarily mean his once-renowned business empire will bounce back.

At 55, Combs, a highly influential figure in hip-hop, was found not guilty on charges of racketeering conspiracy and sex trafficking on Wednesday. However, he was convicted of offenses related to prostitution. The prosecution painted a grim picture of Combs, with witnesses describing a pattern of aggression and drug-fueled sexual gatherings allegedly dubbed “freak-offs” or “hotel nights” by the mogul.

Combs was found guilty of orchestrating travel across the country for individuals, including his partners and hired male sex workers, for the purpose of sexual activities, violating the federal Mann Act. This conviction could result in a prison sentence of up to ten years.

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in 2016, consequences mounted: New York City revoked his ceremonial key, Peloton pulled his music, Howard University rescinded his honorary degree and his charter school in Harlem cut ties.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, relinquishing control of his lucrative spirits brands, Ciroc and DeLeón. 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.

___

AP Music Writer Maria Sherman contributed to this report.

Copyright © 2025 by The Associated Press. All Rights Reserved.

You May Also Like

Trump demands Smithsonian replace ‘strange modernist’ sculpture with 30-foot-tall ‘Washington Colossus’ 

Trump Calls on Smithsonian to Replace Modernist Sculpture With 30-Foot Washington Colossus

President Trump on Friday urged the Smithsonian to replace the “strange modernist”…
Ilhan Omar 'married her brother' and could be deported: DHS secretary

DHS Secretary Suggests Ilhan Omar Could Face Deportation Over Unproven Marriage Claim

Homeland Security Secretary Markwayne Mullin on Thursday claimed that Rep. Ilhan Omar…
Fire aboard cargo ship undergoing repairs at busy Chinese port leaves 25 people dead, five more injured

Cargo Ship Fire at Busy Chinese Port Kills 25 During Repairs

At least 25 people were killed Thursday after a fire broke out…
Texas man remembered by Fox News hosts after repeat offender arrested in savage park bench slaying

Fox News Hosts Remember Texas Man After Repeat Offender Arrested in Park Bench Killing

A Texas engineer who had become known to several Fox News personalities…
Chicago rapper Lil Durk acquitted in Los Angeles murder-for-hire plot

Chicago Rapper Lil Durk Acquitted in Los Angeles Murder-for-Hire Case

A federal jury in Los Angeles has found Grammy-winning Chicago rapper Lil…
California woman chased, fatally shot by illegal immigrant DoorDash driver who stalked her for months: DHS

DHS: Migrant DoorDash Driver Stalked, Killed California Woman

A California woman was shot and killed Tuesday outside a Panera Bread…
Killer North Carolina lovebirds found dead after high-speed police chase ends in possible double-suicide

North Carolina Couple Wanted in Killing Found Dead After High-Speed Chase in Suspected Double Suicide

A multi-state search for a North Carolina couple accused in a deadly…
See how your income tax bracket could change for 2027

2027 Tax Brackets: See How Your Take-Home Pay Could Change

Americans may be able to earn more before moving into higher federal…
Dem-appointed California judge refuses to stop using N-word in court, despite black lawyers' pleas

California Judge Defies Black Lawyers on N-Word in Court

A San Francisco judge appointed by a Democratic governor is facing renewed…
Lone holdout juror in Lindsay Clancy trial was only Black person on the jury, panelist reveals: report

Lindsay Clancy Trial Holdout Was Only Black Juror: Report

The single juror who blocked a unanimous decision in the Lindsay Clancy…
Iran-backed terror group’s latest territorial grab threatens second global shipping chokepoint

Iran-Backed Terror Group’s Land Grab Puts Another Vital Global Shipping Chokepoint at Risk

Iran-backed Houthi forces took control of Yemen’s strategic port city of Mocha…
‘Don’t wait’: New Yorkers born on Sept. 11, 2001, have learned extra special life lessons

Born on 9/11, New Yorkers Turn Tragedy Into Purpose

A quarter-century later, many still struggle to balance the joy of a…