Lies And Lawsuits: The Demise Of Ozy Media Explained

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Ozy Media, a media and entertainment company founded by ex-MSNBC host Carlos Watson and company COO Samir Rao, is starting to look more and more like the Fyre Festival of media platforms. News continues to unfold about the company closing its doors while allegedly leaving investors stuck like Chuck after putting millions into an idea that seemingly turned into a flop.

In fact, one investor, LifeLine Legacy Holdings—a money management company based in Beverly Hills, California, with a client list that includes NFL

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