So, I was digging into this whole Defy Media thing, right? It’s like, what actually went down? I started by looking into when they shut down. Turns out, it was way back on November 6, 2018. Man, that’s a while ago! They just stopped everything because their creditors froze their assets. Pretty harsh, if you ask me.

Then, I got into the whole aftermath. I read that the people who got laid off from Defy moved on pretty fast. That’s good for them, I guess. But it got me thinking about what that meant for the company itself.
- First off, they had some big names backing them, like Lionsgate and Viacom. And ABS Capital, these guys were investors too.
- Back in 2016, they were probably feeling pretty good, with all that support.
- But then, boom, 2018 hits, and it’s all over. Creditors pulled the plug, and Defy’s assets were frozen. That’s like a total shutdown, no coming back from that.
Digging Deeper into the mess
So I did some more research. Found out that the people who got laid off, they didn’t stick around waiting for a miracle. That’s understandable. But it made me wonder, what was the bigger picture here?
I mean, Defy had some serious backers. Lionsgate, Viacom, ABS Capital, these are not small players. They were probably feeling pretty confident back in 2016, you know? But then, just a couple of years later, it’s all gone.
This whole thing just shows how quickly things can change. One day you’re on top, the next day you’re history. It’s a wild ride, this business world. And Defy’s story, well, it’s a reminder that nothing is guaranteed, no matter how big you are or who’s got your back.
I just wanted to see what happened, and well, now I have a better idea. It’s a bummer for sure, but it’s also a lesson learned, I suppose. Keep your eyes open and be ready for anything, that’s what I’m taking away from this.