Key Points
Rooster Teeth is all set to be shut down after over two decades as parent company Warner Bros..
Discovery has made the decision to shut down the unprofitable division, which encompasses fandom, gaming, and comedy entertainment..
Despite efforts to sell Rooster Teeth, no successful deals were made, leading to this decision, as per a report in Variety...
With the shutdown of Rooster Teeth, around 150 full-time employees are expected to be laid off, impacting numerous contractors and content creators associated with the company, Variety reported...
Discovery is engaged in negotiations to offload the rights to specific Rooster Teeth catalog content and intellectual property, including the well-received anime-style series "RWBY."..
