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Warner Bros. is killing Red vs. Blue production company Rooster Teeth

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The production company has existed for 21 years, producing series like RWBY, Lazer Team, and Achievement Hunter. A completed movie is still on the way.
After 21 years, Warner Bros. is shutting down Rooster Teeth, the production company behind Red vs. Blue and RWBY, among other titles. The process is expected to take several months, according to a notice from Rooster Teeth general manager Jordan Levin, published Wednesday on the Rooster Teeth website. The Roost Podcast Network, which boasts podcasts like Kinda Funny and RT Podcast, will stay with Warner Bros. as the company looks to sell the network.
Warner Bros. will still release a completed, unspecified Rooster Teeth-produced movie and other in-the-works projects, and is “exploring options” for Rooster Teeth’s content, according to Deadline. Variety reported Wednesday that around 150 full-time workers will be laid off, with “dozens of contractors and content creators” suddenly impacted, too.
Levin attributed the closure to “challenges facing digital media resulting from fundamental shifts in consumer behavior and monetization across platforms, advertising, and patronage.

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