Defy Media has raised $70 million because YouTubers love Smosh

The company says it generates 800 million video views a month and has 65 million YouTube subscribers. Now it is trying to branch out of YouTube into other digital video properties — and, like many other digital media companies, it has its eyes on traditional TV deals, as well.

Source: Defy Media has raised $70 million because YouTubers love Smosh and investors love video – Recode