In print media, Ozy has partnered since 2015 with The New York Times and Wired. It also partnered with Lifetime, with The History Channel and, in additional projects, with that channel's parent company, A&E Networks. In 2014, the company began a content partnership with the National Geographic Society, which publishes National Geographic. Ozy also received funding from the Ford Foundation. In March 2021, Adweek announced that Ozy and advertising agency Dentsu had agreed to a multi-year partnership as part of Dentsu's investment in "meaningful media" focused on millennial and Gen Z consumers. The company also said that it had received acquisition offers from unnamed media companies. In January 2021, Axios announced that the company had reached profitability for the first time, having brought in $50 million in revenue in 2020. In November 2019 Ozy announced a Series C round of $35 million, led by businessman Marc Lasry. In January 2017, Ozy announced a $10 million Series B round of fundraising, led by Michael Moe's GSV Capital. In October 2014, Ozy announced that German media giant Axel Springer had invested $20 million in the company. Additional early investors included Louise Rogers and Ron Conway. The company raised a $5.3 million seed round of funding in December 2013 backed by Laurene Powell Jobs, founder of Emerson Collective. Ozy was launched as a digital magazine and daily newsletter in September 2013. In November, 2021 it was reported that the Justice Department and the Securities and Exchange Commission had opened investigations into the company. On October 4, CEO Watson announced that the company would remain in operation with a significantly reduced board of directors, despite the objections of an early investor. The company subsequently laid off a majority of its staff. įollowing a scandal concerning executive misbehavior and exaggerated user engagement metrics reported by The New York Times in late September 2021, Ozy's board of directors announced on October 1, 2021, that it would cease operations. and an Imagen award for Best Informational Program. Ozy received an Emmy for a 2019 television show that aired on the Oprah Winfrey Network. Ozy produces podcasts, television series, and events. It is headquartered in Mountain View, California, with an additional office in New York City. Ozy (styled as OZY) is an American media and entertainment company launched in September 2013 by Carlos Watson and Samir Rao.
0 kommentar(er)
