Ozy Media

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Trump Commutes Sentence of Ozy Media Founder

Carlos Watson was convicted in multimillion-dollar fraud case

(Newser) - Carlos Watson had his criminal fraud sentence commuted by President Trump on Friday, shortly before the founder of Ozy Media was to begin serving a 116-month prison sentence. Watson was convicted last year of conspiracy to commit securities fraud, conspiracy to commit wire fraud, and aggravated identity theft. At the...

Ozy Media Co-Founder Guilty of Fraud
Ozy Media Founder
Gets Almost 10 Years
UPDATED
Dec 16, 2024 5:05 PM CST

Ozy Media Founder Gets Almost 10 Years

Former talk show host Carlos Watson sentenced on fraud, conspiracy charges

(Newser) - Former talk show host Carlos Watson was sentenced Monday to nearly 10 years in prison in a federal financial conspiracy case that cast his once-buzzy Ozy Media as an extreme of fake-it-till-you-make-it startup culture. Prosecutors said it was so extreme that another Ozy executive impersonated a YouTube executive to hype...

Ex-Ozy Editor: 'Amazed That It Took So Long' for Firm to Crash

Eugene Robinson also says he suspects CEO Carlos Watson was behind fake phone call

(Newser) - If you thought talk about Ozy Media was over, steel yourself. The digital media firm caught up in the convoluted wake of a fraudulent phone call and other controversies is making headlines again. A former Ozy editor now says he suspects the person on the other end of that fake...

Ozy Media Is Hit With Its First Investor Lawsuit

Since the 'NYT' released a series of reports on the company

(Newser) - Ozy Media says it's back in business , and if the beleaguered media company expected things might be rocky as it attempts to come back from a series of damning New York Times reports , it would be right. Deadline reports one of the media company's investors has sued, with...

'This Is Our Lazarus Moment': Ozy Reverses Closure Decision

Carlos Watson said the change of heart came after weekend discussions

(Newser) - A new twist in the rise and fall of Ozy Media : an attempt to rise again. After the company's board on Friday announced Ozy was immediately shuttering following bombshell reporting from Ben Smith at the New York Times, Ozy CEO Carlos Watson told the Today show on Monday that...

Ozy Makes Announcement With 'Heaviest of Hearts'

Digital media company is shutting down after week of bombshell reports, controversies

(Newser) - Update: A "strange chapter" in the media world has come to a close. That's per the New York Times , which reports that Ozy Media, the digital media firm it had dropped a bombshell report on earlier in the week, is shuttering. "It is ... with the heaviest of...

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