Ozy Media is not shutting down after all, CEO Carlos Watson says

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The board of Ozy Media, the media and entertainment company accused of deceiving investors and advertisers, has had a change of heart and will not be shutting its doors, CEO Carlos Watson said Monday.

“We are going to open for business," Watson said in an appearance on NBC News’ "Today" show. “This is our Lazarus moment, if you will.”

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