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Ozy Media Not Shutting Down But “Open For Business” Says Carlos Watson In Embattled Site’s Latest Twist

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deadline.com
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Embattled Ozy Media continues to make headlines as founder-CEO Carlo Watson tell the Today show that the company is not in fact shutting down in the wake of a fast unfolding financial scandal last week as it previous announced.“We’re going to open for business, so we’re making news today,” Ozy CEO Carlos Watson told the Today show Monday. “This is our Lazarus moment, if you will, this is our Tylenol moment.

Last week was traumatic, it was difficult, heartbreaking in many ways.The reversal comes after Ozy Media announced Oct. 1 it was shutting down days after an explosive NYT report triggered a financial fraud investigation and increased scrutiny of the company’s business claims.

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