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Transcripts for BBCNEWS The Media Show 20211014 01:42:00

as well as very sophisticated advertisers. and something in particular, as you say, tipped it over, something dramatic happened. can you tell us about that? yeah, i mean, ithink they were pretending to have a very financially strong relationship - with youtube, when in fact i they were making a television show that they just - posted to youtube the way you or i could post. a video to youtube. and so at some point, - the rubber meets the road when goldman sachs, - which was about to invest $40 million, wants to talk i to youtube, just a kind of check in on how that business is and they, l rather than putting them - on the phone with a youtube executive who willjust say, yeah, they re just guys - who upload videos, they impersonate said youtube executive and say, well, . these ozy guys are amazing and they got caught. immediately. i have to say now that ozy has admitted to this impersonation incident and attributed it to a mental health episode. that last detail is named - after t

Transcripts for BBCNEWS The Media Show 20211012 00:42:00

they impersonate said youtube executive and say, well, these ozyi guys are amazing and they got caught. immediately. - i have to say now that ozy has admitted to this impersonation incident and attributed it to a mental health episode. that last detail is named - after the poem ozymandias, which the founder, the founder believes his message - is dream big. and famous also and breaking bad, i believe. but, ben, before all this happened, ozy media it was establishing itself as a major player. it had some big collaborations, and one comes to mind. i work on the world services feedback programme, and there was a lot of praise for a series that ozy did with the bbc. so it was an appealing investment, was it not, to traditional media companies? it was an appealing investment for people who had no idea - what was going on in the - actual world of actual media. i think in part because it - presented a kind of diverse, progressive, millennialvibe that had no conflict, - no substance nobody

Transcripts for BBCNEWS The Media Show 20211011 01:43:00

incident and attributed it to a mental health episode. that last detail is named - after the poem ozymandias, which the founder, the founder believes his message - was dream big. and famous also and breaking bad, i believe. but, ben, before all this happened, ozy media it was establishing itself as a major player. it had some big collaborations, and one comes to mind. i worked on the world services feedback programme, and there was a lot of praise for a series that ozy did with the bbc. so it was an appealing investment, was it not, going to traditional media companies? it was an appealing investment for people had no idea - what was going on in the actual world of actual media. - i think in part because it - presented a kind of diverse, progressive, millennialvibe that had no conflict, - no substance nobody getting l in trouble, nobody was getting any secret tax hideouts, nothing like that that. would scare any millionaires or advertisers.

Transcripts for BBCNEWS The Media Show 20211010 04:43:00

i have to say now that ozy has admitted to this impersonation incident and attributed it to a mental health episode. that last detail is named - after the poem ozymandias, which the founder, the founder believes his message - was dream big. and famous also and breaking bad, i believe. but, ben, before all this happened, ozy media it was establishing itself as a major player. it had some big collaborations, and one comes to mind. i worked on the world services feedback programme, and there was a lot of praise for a series that ozy did with the bbc. so it was an appealing investment, was it not, going to traditional media companies? it was an appealing investment for people who had no idea - what was going on in the actual world of actual media. - i think in part because it - presented a kind of diverse, progressive, millennialvibe that had no conflict, -

Transcripts for BBCNEWS The Media Show 20211010 14:42:00

and so at some point, the rubber- meets the road when goldman sachs, which was about to investl $40 million, wants to talk to youtube, just to, kind of, . check in on how that business is and they, rather than putting - them on the phone with a youtube executive who willjust say, - yeah, they re just guys who upload videos, they impersonate said youtube executive and say, . well, these ozy guys are amazing and they got caught. immediately. i have to say now that ozy has admitted to this impersonation incident and attributed it to a mental health episode. that last detail is, it s named after the poem ozymandias, i which the founder, the founder - believes his message was dream big. and famous also and breaking bad, i believe. but, ben, before all this happened, ozy media it was establishing itself as a major player. it had some big collaborations, and one comes to mind. i worked on the world services feedback programme, and there was a lot of praise for a series that ozy did with t

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