Mythical Entertainment, the production company of YouTube talk show stars Rhett and Link, has reached an agreement to sell a majority ownership stake in the wildly popular comedy brand, Smosh, to its co-founders Anthony Padilla and Ian Hecox.
Mythical Entertainment acquired Smosh in 2019 and revitalized it under Rhett and Link after the collapse of former parent company, Defy Media. Mythical will retain a minority stake in Smosh. The SA&M attorneys advising Mythical Entertainment on the transaction were Greg Akselrud, Kelly Siobhan Laffey, and Ani Petrosyan.
To read more about the transaction, click here. For more information about SA&M’s Internet, Digital Media & Entertainment Practice, click here.
