define media smosh's parent company has announced that they are shutting down
Smosh has responded to the shutdown and called define media essentially evil and
shady Smosh actually left a fight last summer but they finally opened up about
why they left the company I'm gonna tell you everything you need to know here for
you on IO what is happening potato people this is inform overload I'm
Sharla Doran on this channel we keep you up to date on everything that's
happening on YouTube and there is a lot happening on YouTube right now so Jake
and Erica Cassell are officially over a study on how the YouTube algorithm
really works was just released a channel was suspended over controversial Red
Dead Redemption game play and Smosh just responded to their parent company
shutting down stay tuned for all those other stories but for now let's talk
about Smosh by the way if this is your first time here hey welcome to IO and
don't forget to snatch subscribe and if you're a returning viewer so anthony
padilla and ian hecox AKA Smosh are two of YouTube's biggest names over the last
13 years on this platform they've cultivated a brand and a quality that
few other youtubers can match the duo are known for their comedy videos and
parodies and their channel has over 23 million loyal subscribers Smosh is
parent company to five media also represents clever and over 75 series on
YouTube they have a combined total of 140 million followers on all their
social media channels Smosh hasn't been a part of defined media for over a year
they announced their split from the company last summer
Anthony admits that he wasn't being completely transparent when he initially
announced leaving the company but he has now finally spoken out against a vibe
alright so here's the deal in 2011 Smosh sold their company to define media for
stock in device company that meant that Smosh would only get paid out after five
media became a public company which apparently was a big mistake
Anthony padilha said that he did get a salary while he was out to fire but it
was nothing compared to the millions and millions of dollars Smosh was making for
the company but he was pretty much helpless because Smosh sold their
company Anthony doesn't have any idea where those millions have gone padilha
blames himself for making a bad deal he said that he should have taken his time
to figure out what selling really meant and what stocks really meant but he said
you live and you learn and you go to therapy damn he went to therapy over
this that sucks but like I got it
it is so hard to craft a brand that people actually want to follow but to
sell that brand and a bad deal yeah that must really suck toward the end of
smosh's relationship with defined media they started hiring new cast members and
then defi stopped putting out certain shows without talking to Anthony Pinilla
first Budd wait there's more define media for Smosh to launch an
IndieGoGo campaign that generated a quarter of a million dollars for a
mobile game that hadn't even been made Anthony calls the IndieGoGo a blatant
money grab but wait there's more after smart left their parent company defined
media tried to take away his personal Twitter page and actually succeeded in
taking away his personal Facebook page Anthony also acted in multiple movies
but DIF I stopped him from joining sag which is the Union in the United States
that protects actors and ensures they get a decent wage in working conditions
to top everything off define media announced they're shut down without
letting their employees know first on Monday the company said in a statement
that they have ceased all operations citing market conditions as the reason
for the shutdown there are over 400 people who work for defined media who
are all probably gonna have to look for other work the company's Los Angeles
location will close in January of 2019 the good news is Smosh is looking for a
new home they are not canceled their views are through the roof recently
breaking records left right and center they hope to share good news with their
viewers soon clever also said that they are looking for a new home and they will
update everyone as soon as possible both channels are staples on YouTube so many
companies would kill to work with them I'm feeling that this isn't the last
we'll hear from Smosh not by a long shot anyways guys let me know your thoughts
on this story down there in those comments but for now I'm gonna do some
comma replies cool Casey said Charlotte help my friend says I can't have
chocolate in my diet chocolate is made from a plant which makes it a salad I
like your logic I say eat it eat it soldier 91 Fox that yeah the potato
Queen is back there's the guy with the bellybutton and legs that thinks he's a
comedian taking over the potato Kingdom oh you mean Johnny hey he's a nice guy
he's not taking over don't worry Rio dinero said welcome back Your Majesty I
have missed your hosting I have missed you too
as x g XD TV said never leave this again mama Charlotte um I mean I can't promise
that auditions are picking up so I'm not
gonna be able to be at work as often for the time being don't you want me to be a
famous actress cuz like I kind of do actually I really do
Philip Dean Thomas said thanks for the news you are very welcome Philip any
time well Tuesday to Saturday every week it's about that time thank you so much
for taking time out of your day to watch one of our videos if you want to keep
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