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In a stunning about-face, the co-founder and CEO of Ozy Media, Carlos Watson, says the publication won’t be shutting down, a reversal of the news that circulated just three days prior that the publication would be shuttering.
“We’re going to open for business,” Watson told NBC’s Craig Melvin on the Today show. “This is our Lazarus moment.” Given the tumultuous week, that return to business could be challenging since it’ll face increased scrutiny from future investors and advertising partners.
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