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    Sean Combs Sold Share of Tequila Brand for $200 Million

    Mr. Combs, who was accused of sexual assault in several lawsuits, made the sale as he ended his long-term partnership with the liquor giant Diageo. He has denied wrongdoing.Sean Combs, the music mogul whose business empire has been upended by recent lawsuits accusing him of sexual assault and a federal investigation, sold his half of the tequila brand DeLeón for about $200 million this year, according to a public report for investors.Mr. Combs, who has vehemently denied allegations of sexual assault and sex trafficking, came to prominence as a hip-hop impresario but amassed much of his wealth from other businesses, including through work with the liquor giant Diageo. Their partnership, which was thrown into turmoil last year before the sexual assault lawsuits, is now over.Diageo disclosed in a recent financial statement that it had agreed on Jan. 16 to buy the 50 percent stake in the DeLeón tequila brand from Mr. Combs’s company, Combs Wine and Spirits, “for a total consideration of approximately $200 million.”Mr. Combs’s work with Diageo began more than 15 years ago when he began promoting its vodka brand Ciroc. He purchased DeLeón in a joint venture with the company about a decade ago, leveraging his celebrity to promote the tequila brand on social media, in interviews and as a prop in music videos.According to a court filing in June by a Diageo executive, Mr. Combs — who has also been known throughout his career as Puff Daddy or Diddy — amassed nearly a billion dollars from his relationship with the company.But the mogul’s partnership with the liquor giant began to fray, spilling into public last year. Combs Wine and Spirits sued Diageo and accused it of typecasting Ciroc and DeLeón as “Black brands” that should be targeted only to “‘urban’ customers,” limiting potential growth.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Why Is Sean Combs the Subject of a Homeland Security Investigation?

    The department has a division that often directs inquiries into sex trafficking allegations, like those cited in recent lawsuits against Mr. Combs.The raids of Sean Combs’s homes in Los Angeles and the Miami area this week raised a barrage of questions about the nature of the inquiry, which a federal official said was at least in part a human trafficking investigation.The government has said little about the basis for the search warrants, but the raids came after five civil lawsuits were filed against Mr. Combs in recent months that accused him of violating sex trafficking laws. In four of the suits women accused him of rape, and in one a man accused him of unwanted sexual contact. Mr. Combs, a hip-hop impresario known as Puff Daddy and Diddy who has been a high-profile figure in the music industry since the 1990s, has vehemently denied all of the allegations, calling them “sickening.” Officials have not publicly named him as a target of any prosecution.As the civil suits against Mr. Combs illustrate, the term human or sex trafficking has a broader meaning in the law than perhaps the more popularly understood image of organized crime and forced prostitution rings.“Traditionally you think of trafficking as a pimp who has a stable of victims and then is trafficking them in the traditional sense of the word, for money,” said Jim Cole, a former supervisory special agent with Homeland Security Investigations who oversaw human trafficking cases, “but there are lots of forms of trafficking.”The breadth of trafficking investigations has grown with the recent uptick in sexual abuse claims and the use of the internet by traffickers. Homeland Security Investigations often leads such criminal investigations, although the department is most commonly associated with immigration and transnational issues.In the current inquiry, federal investigators in New York have been interviewing potential witnesses about sexual misconduct allegations against Mr. Combs for several months, according to a person familiar with the interviews. Some of the questions involved the solicitation and transportation of prostitutes, as well as any payments or promises associated with sex acts, the person said.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    The Sean Combs Saga Is Catnip for Pop Culture Podcasts

    The raids of Combs’s homes have been a primary topic on podcasts and radio shows that cover the Black entertainment world.In the sprawling world of Black pop culture podcasts, its own media ecosystem covering the story lines and people central to the hip-hop genre, the one topic that dominated conversation this week was, unsurprisingly, the latest in the saga of Sean Combs.On Monday, federal agents raided the Los Angeles and Miami homes of Combs, the hip-hop mogul who has been accused in several civil lawsuits of sexual assault. He has vehemently denied all the claims. The news spurred days of freewheeling and varied reactions from radio personalities and podcast hosts whose discourse veered toward humor, speculation and denial, far from the tone struck by traditional news outlets.The rapper Mase, who topped charts as an artist signed to Combs’s Bad Boy record label in the late ’90s before their relationship soured, avoided addressing him by name on the sports-centric “It Is What It Is” podcast a day after the raids, but laughed and said that “reparations is getting closer and closer.”The same day, hosts of the popular morning radio show “The Breakfast Club” criticized the actions of the authorities — which Combs’s lawyer called an “unprecedented ambush, paired with an advanced, coordinated media presence” — as unnecessary: Charlamagne Tha God said he was curious about what information they had to justify the raids. Jessica Moore, known as “Jess Hilarious,” implied that the federal action was reminiscent of a television show. The third host, DJ Envy, agreed, and said the authorities acted like “they were going for the mob.”The former N.B.A. player Gilbert Arenas, who hosts the “No Chill” podcast, posted a 10-minute special episode on YouTube on Thursday that discussed the raids.“It’s over, no, it’s done, they got you,” he said, while laughing.To provide context for his listeners, Arenas said he had been at the scene of more than a dozen raids while he was in “the weed game, the poker game.” He noted that those raids happened between 1 a.m. and 5 a.m.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    The Decline of Sean Combs’ Revolt TV and Other Business Ventures

    A restless ambition took him from hip-hop to the Met Gala, a reality show, a fashion label, a fragrance line and his own cable network. Then came the accusations and federal raids.Long before he was accused of sexual misconduct in a series of lawsuits, and long before federal agents in military gear raided his homes in Miami and Los Angeles, Sean Combs was unforgivable.That was the name he had selected for his first fragrance, which he sold through a partnership with Estée Lauder.It was promoted as a scent that “exudes the energy, sexiness and elegance of Sean Combs,” and he was supposed to give it a publicity boost in April 2006 by ringing the opening bell of the New York Stock Exchange alongside William Lauder, the Estée Lauder chief executive, and Terry Lundgren, the head of Federated Department Stores.But Mr. Combs didn’t arrive in time for the opening of the market, saying he had been stuck in traffic. So his fellow business titans did the honors without him.By then, Mr. Combs had successfully made the transition from Puff Daddy to the world’s most successful hip-hop mogul.Soon after the launch of his fragrance, Unforgivable, Mr. Combs appeared at the New York Stock Exchange with, from left to right: Todd Kahn, an executive at Sean John; John Demsey, the president of Sean John Fragrances; John Thain, the head of the N.Y.S.E.; Terry Lundgren, the chief executive of Federated Department Stores; and William Lauder, the chief executive of Estée Lauder.Seth Wenig/ReutersWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    What We Know About Sean Combs Lawsuits, Raids and Federal Investigation

    Federal agents executed search warrants at his homes in Los Angeles and Miami Beach, and he faces several civil lawsuits accusing him of rape and sexual assault.Since federal agents raided two of Sean Combs’s homes in Los Angeles and the Miami area this week, the investigation into the hip-hop mogul has become the subject of intense public interest and speculation.The raids were conducted by Homeland Security Investigations, which has said very little about the focus of its inquiry. No criminal charges have been filed against Mr. Combs in relation to the case.But the footage of federal officers brandishing weapons while entering Mr. Combs’s sprawling Los Angeles mansion, where they confiscated computers and other devices, has raised questions about the nature of the investigation and how it might relate to a series of civil sexual assault lawsuits filed against Mr. Combs in recent months.Mr. Combs — a high-profile music producer and artist for decades who has been lauded as one of the architects of hip-hop’s commercial rise — has vehemently denied all the accusations, and his lawyer called the raids a “witch hunt based on meritless accusations made in civil lawsuits.”As details about the federal investigation gradually emerge, here is what we know about Mr. Combs’s legal troubles.Homeland Security Investigation agents putting boxes into a van after searching Mr. Combs’s home in Miami Beach.Giorgio Viera/Agence France-Presse — Getty ImagesWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Sean Combs’ Cassie Lawsuit Settlement Was Only the Beginning of His Troubles

    The hip-hop mogul denied sexual assault accusations in a bombshell suit in November. As more allegations piled up, his business empire, and reputation, faltered.It took just one day for Sean Combs to settle a bombshell lawsuit in November that accused him of rape and physical abuse. For a moment, it may have seemed that the hip-hop mogul’s lawyers had managed to quickly contain the reputational damage he faced.But it turns out that Mr. Combs’s problems were only beginning.For years, accusations of violence trailed Mr. Combs, who since the 1990s has been known as Puff Daddy and Diddy. The accusations had little impact, however, on his public persona as a raffish celebrity who was a fixture in gossip columns, a personal brand crystallized by the name of his music label: Bad Boy. But the suit in November, filed by his former girlfriend Casandra Ventura — who makes music as the singer Cassie — seemed to open the floodgates.A string of other lawsuits followed, accusing him of various forms of sexual assault and misconduct. Mr. Combs, 54, has vehemently denied all the allegations, but the graphic and detailed complaint by Ms. Ventura — and the headlines that followed — changed that narrative to a degree that now imperils Mr. Combs’s business empire and has made him a pariah in the music industry. And a raid by federal authorities at two of his homes on Monday suggested that authorities are considering possible criminal charges.Police officers blocked off the road during a raid of a home in Los Angeles tied to Mr. Combs on Monday.Jenna Schoenefeld for The New York TimesAs the allegations against Mr. Combs have accumulated, his lucrative business dealings — which, besides music, have included fashion, two liquor brands, a cable television channel and an e-commerce platform — have been threatened. And the employee ranks at Combs Global, his company, are now a fraction of what they were less than a year ago.A deal with the spirits giant Diageo was the source of much of Combs Global’s income and Mr. Combs’s wealth. But even before the recent accusations, there were signs that the collaboration was fraying. Mr. Combs sued Diageo last May, accusing the company of racism and failing to support a tequila brand they were partners in — allegations that Diageo denied in court papers. The suit was settled in January, after multiple sexual assault suits had been filed, with Diageo saying it had severed all ties with him.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Sean Combs’s Lawyer Calls Home Raids an ‘Unprecedented Ambush’

    A day after two of the entertainment executive’s homes were raided by federal agents from Homeland Security Investigations, his lawyer said his client is innocent.A lawyer for Sean Combs, the hip-hop mogul whose homes were raided by federal agents on Monday, called the searches “a gross overuse of military-level force” and criticized them as “nothing more than a witch hunt based on meritless accusations made in civil lawsuits.”“There is no excuse for the excessive show of force and hostility exhibited by authorities or the way his children and employees were treated,” the lawyer, Aaron Dyer, said in a statement on Tuesday. “Mr. Combs was never detained but spoke to and cooperated with authorities. Despite media speculation, neither Mr. Combs nor any of his family members have been arrested nor has their ability to travel been restricted in any way.”On Monday, armed agents from Homeland Security Investigations searched two of Mr. Combs’s homes in Los Angeles and Miami Beach, Fla. The authorities did not say whether Mr. Combs was a target or what criminal charges they were investigating. Video taken by a local television station in Los Angeles, Fox 11, showed armed officers entering a home in the exclusive Holmby Hills area of the city.“This unprecedented ambush — paired with an advanced, coordinated media presence — leads to a premature rush to judgment of Mr. Combs,” Mr. Dyer said. “There has been no finding of criminal or civil liability with any of these allegations. Mr. Combs is innocent and will continue to fight every single day to clear his name.”On the same day as those searches, federal agents also stopped Mr. Combs at an airport in the Miami area as he was preparing to leave with family members for the Bahamas, and took a number of electronic devices from Mr. Combs, according to a person with knowledge of the matter. Mr. Combs was not arrested, and remained in the United States, according to that person.The raid was a striking development for Mr. Combs, who has been one of the highest-profile figures in the music industry for decades, credited with transforming hip-hop and R&B in the 1990s into a global business. He worked with stars like Mary J. Blige and the Notorious B.I.G., and as recently as last fall was being showered with industry accolades.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Homes Tied to Sean Combs Raided by Homeland Security in L.A. and Miami

    In response to questions about Mr. Combs’s residences, Homeland Security Investigations said the searches were part of “an ongoing investigation.”Federal agents raided homes in Los Angeles and Miami on Monday that are connected to the hip-hop mogul Sean Combs, a person with knowledge of the case said.Homeland Security Investigations carried out the raids but did not provide details about the case, including whether Mr. Combs was a target or which criminal charges were being investigated. Mr. Combs, who is also known as Puff Daddy or Diddy, has been accused of sexual assault and sex trafficking in multiple civil lawsuits over the last several months.A spokesperson for Mr. Combs did not respond to a request for comment.The criminal inquiry was being conducted by federal prosecutors in the Southern District of New York and federal agents with Homeland Security, a law-enforcement official said. Nicholas Biase, a spokesman for the Southern District, declined to comment.In a statement, Homeland Security said that agents from New York had “executed law enforcement actions as part of an ongoing investigation, with assistance from HSI Los Angeles, HSI Miami and our local law enforcement partners.”Video from Fox 11 (KTTV), a local television station in Los Angeles, showed armed officers entering a home in the Holmby Hills area of the city, which a law-enforcement official said was connected to Mr. Combs. Public records in California also indicate that the home is owned by a company led by Mr. Combs.The raids were a stunning development in the career of Mr. Combs, 54, a producer, label executive and occasional rapper who has been one of the most influential and widely recognized figures in the music business over the last 30 years.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More