The Fall of Smosh
It was announced on November 7, 2018 that Smosh and Smosh Games are shut down. Not shutting down in January as many suspected but immediately. As of the official announcement from the parent company, Defy Media, Smosh is done. The 80 or so people who worked there are now all out of work.
This is one of the larger closings we have seen in the YouTube community. Most of the time when channels shut down it’s a small group or an individual. It’s never been one of the giants like Smosh, Fine Brothers, or Rooster Teeth. Each of those companies employing into the double digits and being widely successful.
Smosh was one of the oldest and most successful channels on YouTube. It started in 2002 as a website called Smosh.com, created by Anthony Padilla and Ian Hecox. After the creation of their website they started posting videos and YouTube and by 2005 they were one of the top channels.
In 2011 the duo sold the company to Defy Media. The duo only received stock options in the company, no actual payout. Stock options only work if the company goes public, which Smosh never did. The duo never made any money from the sell out. But under Defy Smosh grew and expanded to several other channels.
On June 14, 2017 Padilla announced he was leaving Smosh. He left for details that had never really been discussed.
Padilla has since come out with a tell all video after the closing of Smosh. Padilla said in his video that Defy made radical changes after the sell out. Defy changed staff, shows, and managing style. Defy also reportedly took Padilla’s Facebook page, Twitter, and denied him from joining the Screen Actors Guild (SAG) and ignored sexual harassment issues with other employees.
Defy reportedly has debts to several large backers and employees, and even though Smosh was widely successful, had to shut it down. Several early reports were that Defy was shutting down it January. But since then several sources in Defy have said that is not true. The closing is immediate and permanent.
All is not bad though. Ian Hecox said on Twitter that Smosh would find a new home, so there is still hope.
Be sure to see watch the videos from those closest to the shutdown here:
Mr. Sunday Movies: https://youtu.be/LBcbknAcJwk
As more news comes out we will update you.
#smosh #smoshgames #youtube #defymedia #wethegeekry