Ozy Media CEO Carlos Watson claims the company is still 'open for business' after folding last week - NewsBreak

On Friday, after weeks of punishing criticism for its questionable business practices, the digital media company Ozy Media announced that it was shutting down. "It is therefore with the heaviest of hearts that we must announce today that we are closing Ozy's doors," the company's board said in a statement, after advertisers and investors fled.