Ozy media shuts down after accusations of deceptive conduct

Australia News News

Ozy media shuts down after accusations of deceptive conduct
Australia Latest News,Australia Headlines
  • 📰 trtworld
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

US digital media platform Ozy to shut down after accusations its leaders had deceived investors and the public about the size of its audience

File photo: Carlos Watson attends the"Take On America" discussion panel presented by Ozy Media in Nashville, Tennessee on October 15, 2018.

American digital media platform Ozy will shut down after accusations its leaders had deceived investors and the public about the size of its audience, local news outlets have reported.on Sunday claimed that company executives had intentionally inflated traffic figures and views on other sites including YouTube.

The story triggered cancelled shows, an internal investigation, investor concern and high-level departures at the company. An emailed statement on Friday from Ozy Media's board called it a company with many “world-class journalists and experienced professionals to whom we owe tremendous gratitude.” It said it was "with the heaviest of hearts that we must announce today that we are closing Ozy’s doors.”

The board's statement did not give the reason for shutting down the company based in Mountain View, California. Ozy did not respond to questions about why it was shutting down now or how many employees it had.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

trtworld /  🏆 101. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ozy Media Is Shutting Down After Damaging New York Times ReportOzy Media Is Shutting Down After Damaging New York Times ReportThe embattled digital media company was recently accused of highly questionable business practices.
Read more »

Ozy to shut down after advertisers flee embattled media startupOzy to shut down after advertisers flee embattled media startupWith investors and advertisers walking away and an investigation pending, Ozy Media is closing, the board said in a statement Friday.
Read more »

Media company Ozy is shutting down as problems mountMedia company Ozy is shutting down as problems mountThe media organization Ozy is shutting down after a New York Times column raised questions about its claims of millions of viewers and readers, and described a potential case of securities fraud. Ozy's board did not say why the company was shutting down.
Read more »

Ozy Media is shutting down after reports about misconduct and lies at the companyOzy Media is shutting down after reports about misconduct and lies at the companyOzy Media's board on Friday announced that the company is shutting down, after reports from the New York Times exposed misconduct and lies.
Read more »

Ozy Media to Shut Down, Following Revelations of Questionable Business PracticesOzy Media to Shut Down, Following Revelations of Questionable Business PracticesOzy Media is shutting down. Per a statement from the company’s board of directors: “At Ozy, we have been blessed with a remarkable team of dedicated staff. Many of them are world-class journa…
Read more »



Render Time: 2025-03-19 03:40:54