Five days after the New York Times’ Ben Smith wrote an astonishing piece about the fakery supporting Ozy Media, the digital publisher announced it was shutting down. What, if anything, does the fiasco tell us about media startups and investors? Smith teases it out with Recode’s Peter Kafka. Then Condé Nast CEO Roger Lynch drops by for a progress report on his attempt to turn the magazine giant into a modern entertainment company - and an update on Apple’s News+ service. Featuring: Ben Smith (@benyt), Media Columnist for The New York Times Roger Lynch (@rogerlynch), CEO of Condé Nast Host: Peter Kafka (@pkafka), Senior Editor at Recode More to explore: Subscribe for free to Recode Media, Peter Kafka, one of the media industry's most acclaimed reporters, talks to business titans, journalists, comedians, and more to get their take on today's media landscape. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Learn more about your ad choices. Visit podcastchoices.com/adchoices