Smosh, Smosh Games, and Clevver are some of YouTube’s hottest channels, however their groups are on the lookout for a brand new studio within the wake of information that their guardian corporate, Defy Media, is ultimate its doorways.
“Regretfully, Defy Media has ceased operations today,” the corporate stated in a remark on Tuesday night. “We are extremely proud of what we accomplished here at Defy and in particular want to thank all the employees who worked here. We deeply regret the impact that this has had on them today… Unfortunately, market conditions got in the way of us completing our mission.”
Ian Hecox, Smosh’s co-founder, tweeted about Defy Media’s closure on Tuesday night time, telling fans that Smosh’s workforce used to be “already in the process of finding a new home.”
“Smosh has been enjoying record numbers lately, and this closure won’t stop us,” Hecox wrote. “The family that we’ve worked to build over the past 13 years is not going away.”
Joslyn Davis, an govt manufacturer at superstar information channel Clevver, introduced a identical remark in regards to the YouTube channel’s long term.
“We also want to let you know that this closure doesn’t mean we’re going away,” Davis tweeted. “We are in the process of finding a new home for Clevver and will update you all as soon as possible. Making awesome videos for you guys is our number one priority, and we’re hoping to have some exciting news to share with you soon.”
Defy Media’s virtual community has produced greater than 75 sequence on YouTube with other channels, with 140 million on-line fans throughout YouTube and different social media. The corporate, which used to be based in 2008 as Break Media and bought in 2011 by means of Alloy Digital, had greater than 400 folks running underneath its umbrella at one level. The corporate has reduce on staffing over time, consistent with Variety.
Notices despatched to staff point out that the corporate’s Los Angeles location will shut in January 2019, although it is unclear what this implies for the workers at that location within the interim. The Verge has reached out to Defy Media for remark.