Warner Bros. is closing Rooster Teeth after over two decades, affecting about 150 staff and various contractors and creators.

The shutdown is due to digital media challenges and evolving patterns in consumer behavior and monetization.

Rooster Teeth's notable series, like Red vs. Blue and RWBY, will be impacted, with Red vs. Blue ending this year.

A Rooster Teeth-produced movie will be released by Warner Bros., which is also considering options for other content.

The Roost Podcast Network remains with Warner Bros. for now as they attempt to sell it.

The closure is indicative of wider issues in digital media, with companies under pressure to increase profitability amid changing consumer habits.

The announcement has prompted an outpouring of emotion on social media from former employees and fans.