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Warner Bros. Discovery to Auction Off Rooster Teeth Assets Following Closure

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Warner Bros. Discovery To Auction Off Rooster Teeth Assets Following Closure

Popular US production company Rooster Teeth is facing closure as parent company Warner Bros. Discovery announces plans to sell off its assets. The decision comes after Rooster Teeth failed to turn a profit under Warner Bros. Discovery’s ownership.

Rooster Teeth is known for hit shows like RWBY, Red vs. Blue, and Gen:Lock, as well as the Roost Podcast Network. While the network will continue operations temporarily due to contractual obligations, the future of other assets remains uncertain.

In an internal memo obtained by Variety, Rooster Teeth General Manager, Jordan Levin, expressed sentiments of closure, attributing the shut down to challenges in digital media and evolving consumer behavior.

The history of Rooster Teeth dates back to its founding by Burnie Burns, Matt Hullum, Geoff Ramsey, Gustavo Sorola, Jason Saldaña, and Joel Heyman. Originally known for gaming content, the company expanded into podcasts, animated series, films, and more, building a dedicated fan base over the years.

After being acquired by Fullscreen in 2014 and later brought under the Warner Bros. Discovery umbrella, Rooster Teeth saw significant growth. However, industry trends and a shift in audience engagement led to its downfall.

With the closure of Rooster Teeth, 150 full-time employees are set to lose their jobs, while freelancers will also be impacted. The decision marks the end of a chapter for the iconic production company, which has left a lasting impact on the media industry.