Defy Media is shutting down the Beverly Hills office.
So, some of you have probably heard, some of you probably haven’t, but I decided to keep all of the current facts of the matter in one place. Defy Media- the company managing Smosh and its properties, along with Clevver- is about to shut down its Beverly Hills office, where the crew works. The following list is of all of the definite facts of the matter, though before listing them, I should stress that this is not a matter to jump to conclusions on. We don’t know how Smosh will respond, what they will do, or what will happen. Considering how big Smosh is, I’d be willing to hazard a guess and say this is almost definitely not an end to anything. Again, we’re not here to jump to conclusions; it’s probably not worth freaking out over. That being said, here’s what we know;
The Beverly Hills office will be closed, effective Jan. 2, 2019.
All employees- at least 80- will be permanently severed from the company.
Affected employees can continue working at the company and will receive full pay until Jan. 2.
Defy had been selling its properties since March, but denied that they were looking to be bought by a larger company.
Sources:
Variety.com
Tubefilter.com
Deadline.com
This post will be edited to keep up with any further news. If anyone has something they think is important that I did not include, please DM me and I will include it.