Convicted Ozy Media CEO Carlos Watson and his company have been ordered to pay nearly $96 million in penalties for his “brazen and audacious” securities fraud, according to a report.

Ozy Media announced on Friday that it will cease operations. The decision comes five days after the The New York Times published a bombshell report about its business practices, which kicked off ...

Ozy Media has closed its doors after Carlos Watson, the digital media and entertainment company’s founder and CEO, was arrested and indicted on federal fraud charges. ⁦‪”In light of its ...

Lawyers for Ozy Media, the defunct media and entertainment company founded by Carlos Watson, allege in a new lawsuit that Ben Smith, BuzzFeed and Semafor (the media startup co-founded by Smith in ...

WEST PALM BEACH, Fla. — President Donald Trump commuted the sentence of Ozy Media co-founder Carlos Watson, a White House official said Friday, just hours before Watson was due to report to ...

Ozy Media was started in 2013 and backed financially by the German publishing giant Axel Springer, the Ford Foundation and the Emerson Collective, ...

Ozy Media, Once a Darling of Investors, Shuts Down in a Swift Unraveling. The digital media start-up had come under scrutiny for its business practices after articles in The Times.

Ozy Media founder Carlos Watson was sentenced on Monday to nearly 10 years in prison, after a jury found him guilty in July of lying to investors about the now-defunct startup's finances and sham ...

Ozy Media has sued digital media company Buzzfeed, startup news outlet Semafor and its founder Ben Smith for allegedly stealing trade secrets from the now-shuttered U.S. media and entertainment ...

And when Ozy Media collapsed on Friday, less than a week after The New York Times reported on a series of misleading statements and actions, all eyes turned to the man at the center of the company ...

At Ozy Media, a Star Journalist Quits, and a Key Investor Backs Away. Katty Kay, who had left the BBC for Ozy, resigned, and the A&E cable network canceled the broadcast of a documentary it had co ...

Convicted Ozy Media CEO Carlos Watson and his company have been ordered pay nearly $96 million in penalties for his “brazen ...