Media organization Ozy is shutting down less than a week after a story in the New York Times raised questions about its claims of millions of viewers and readers, while also pointing out a potential case of securities fraud.
The story triggered cancelled shows, an internal investigation, investor concern and high-level departures at the company.
Here’s what you need to know about the company, what the New York Times story found and how it involves the company’s chief operating officer pretending to be a YouTube executive.
What is Ozy?
Ozy is a media organization based in Mountain View, Calif., that published stories on its website, made
This story was originally published on CBC News. To read the rest of this news worthy story, please visit https://www.cbc.ca/news/entertainment/ozy-media-explainer-1.6197117?cmp=rss.