"The Fringe" is the twenty first episode of the American television series Smash. It was written by Julia Brownell and directed by Dan Lerner. The episode premiered on NBC on March 12, 2013, the sixth episode of Season 2. In this episode, Derek reaches his breaking point and quits Bombshell, Kyle and Jimmy struggle to show Hit List at the Fringe Festival, and Ivy works up the courage to tell Terry what she thinks of Liaisons.