They stole $1.7 million

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In November 2018, Defy Media shut down without any notice. They laid off their workers without warning and have held ransom the money earned by the YouTube Creators who were in their network. I was one of those Creators. Defy was my former employer and the multichannel network that represented Game Theory, Film Theory, and GTLive - EVERYTHING. We trusted them to help us and for that we and 49 other Creators in their network collectively lost 1.7 MILLION DOLLARS. Money that was owed to us, EARNED by us, and taken by DEFY. Today, the fate of that money rests in the hands of a bank, Ally Bank, who will decide the people who get their money back and those who are out of luck. After trying other methods of solving the situation, nothing has worked, so at this point we have no choice but to make our fight public. Steph and I have personally been going out of pocket to try and get everyone's money back, but to improve your chances, we need your help.

This is my story of what happened. And this is what we all can do to help ensure no other Creator, large or small, has their money stolen from them ever again.

#DEFYMedia #DEFY #scam #stolen #robbed #fraud #mcn #exposed #storytime #GameTheory #MatPat
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As one of the creators who was in the Defy network, thank you MatPat for making this video and all the other efforts you and Steph have made behind the scenes on this.

whatever
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"The worst part about betrayal is that it doesn't come from enemies"

anticshade
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I still get random email from smaller youtubers asking me if they should join the first network that emailed them.

When you are starting out you are gonna get so many network offers. They are all scams. Ignore them.

KilianExperience
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Hearing Mat say, “You need to protect yourself because nobody is going to do it for you.” hits me like a truck.
Defy really messed with the wrong content creators.

Cozmk
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Angry Matt is compelling. Sorry to hear this happened to you. It really is outrageous. Here's hoping things catch up to this person in the future and that Ally Bank hears you out.

InternetHistorian
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This is so messed up. I've heard so many MCN horror stories, but this takes it to a completely new level.

EchoGillette
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That is incredibly awful news! We have always been hesitant to sign up with an MCN as they can't provide services worth their share, but this move hurts the reputation of MCNs even further. This is reprehensible! We are behind you.

SheetMusicBoss
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Angry Matpat is scary, but I can relate to how he was feeling. I hope this has been solved the best it could've been.

somethingsomething
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Glad this is getting more attention. I got robbed too. Still pretty angry about it.

lasercorn
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High Point; raising 200, 000$
A few days ago: raising 3.1 million $

arthur_rocks
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Matpat: sits on a couch

Everyone: sweats



Edit: coming back to this after 2 years makes me sad tbh

tylerroach
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"Dad, what did mom do when she was pregnant with me?"
Mat: "STOMACHE TABLE"

CrazyGamerDude
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Even though we have our differences, I find it disgusting how big business try to abuse YouTubers, both big and small.

This is disgusting Mat, and you have my support.

ProtoMario
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I feel so bad...
The shake in your voice is very depressing.
Best of wishes to you Matt.

altermodern
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It's 2020 now, I'm wondering if they ever got their money back.

skibiditoiletrizzlermaddy
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Poor MatPat had no idea who he made his banner for. I don’t blame him. This was 4 years ago 5:49

DeeRizz
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I thought Mat Pat was like 23 for like 6 years

skyyyy
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You're a good dude Pat. Love you and miss you buddy.

HangTimeCrew
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*MatPat is arguably one of the best YTers and fathers I've seen. He doesn't deserve his hardships.*

mark-psmc
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I am watching in 2022..and I am in tears. I never knew how much hardships have been in your life..I see you as strong charismatic fun loving supportive...I am sorry for your loss and can relate about raising a child...you are so well spoken and hard working. Thank you for being an inspiration for me and my household..we r fans and supporters!!!

petalpasqual