Ozy CEO: 'premature' to shut down after week of scandal - NewsBreak

NEW YORK (AP) — The CEO of Ozy Media on Monday said it had been "premature" to shut down and that he wants the media company to keep operating. Carlos Watson, a former former cable-news commentator and host who founded Ozy in 2013, told CNBC Monday morning that he has been meeting with advertisers and investors over the weekend and that he wants Ozy to continue to be around. The company did not answer emailed questions Monday about whether employees were still working or getting paid or how Ozy intended to stay open.