The entertainment company had announced plans to shut down last Friday.
It’s a plot twist for Ozy Media. The content-creation company will no longer cease its operations after announcing plans to shut down amid controversy, CEO Carlos Watson told NBC’s “Today” show on Monday. The company had announced its decision to shut down last Friday, days after The New York Times reported that Ozy co-founder Samir Rao had impersonated a YouTube executive during a February business call with Goldman Sachs. “Last week was traumatic,” Watson said on Monday’s “Today” broadcast. “It was difficult. Heartbreaking in many ways, and at the end of the week, we did suspend operations with a plan to wind down.
