GameTrailers Hit with Mass Layoffs as Defy Media and Viacom Strike a Deal
Big news today in the gaming world as it was revealed that Viacom and Defy Media have struck a partnership that will give Viacom stake in Defy Media. Defy will, in turn, assume control over various Viacom digital assets which includes GameTrailers, Shockwave, and Addicting Games.
According to Variety
, the deal will see only 20 Viacom employees make the transition to Defy. That means that across three major assets, only 20 employees will still have a job.
Financial terms of the deal are not being disclosed. Approximately 20 Viacom employees will join Defy as part of the transaction; as a result, Defy Media will have a headcount about 250.
Needless to say, most of the staff at GameTrailers are now seeking employment. Some of the notable names affected include Daniel Kayser
whom has been a host of various GameTrailers productions for years now and is almost as well known as Geoff Keighley. Ryan Stevens
, a rather well known and respected Director at GameTrailers was also let go.
Jeremy Hoffmann, a Producer on GameTrailers and GT.TV has also been let go.
Defy Media already owns a few gaming sites such as Smosh Games and The Escapist. The layoffs and the news broke after the staff at Gametrailers busted their asses off at E3. Frankly, this entire situation is incredibly shitty for all parties involved.
Best of luck to those from Gametrailers that are affected by this.