Ozy Media, the embattled digital media company that last week said it would be shutting down in the wake of a scandal, is now reversing course and will continue to operate, according to its chief, who called the prior announcement premature. Carlos Watson, CEO of Ozy, announced the dramatic pivot in an Oct. 4 interview…

Ozy Media, the digital media company embroiled in controversy after reports that one of its top staffers impersonated a YouTube executive in context of funding talks with investment bank Goldman Sachs, is shutting down. The company’s board of directors announced the decision in an Oct. 1 statement. “At Ozy, we have been blessed with a remarkable team…