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Carlos Watson, Ozy Media Co-Founder, Is Sentenced to Almost 10 Years in Prison

NYT - Media · Danielle Kaye · last updated
A federal jury in July found Mr. Watson, who started the digital media company in 2013, guilty of trying to defraud investors and lenders.
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The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.

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