AT&T reportedly wants to sell Rooster Teeth, the American video production company that holds a special place in many gamers' hearts. According to sources originally reported on by Bloomberg, the company has been shaving off anything it considers to be non-essential in order to focus on research and development of 5G network technology. With that in mind, it seems that Rooster Teeth was deemed non-essential to this goal, no doubt in part because it is struggling to cope with the pandemic.

Most are likely familiar with Rooster Teeth for the animated show RWBY, but it extends far beyond that. Longtime fans will remember it for the Halo based machinima Red Vs Blue, and it has since spread out into many aspects of gaming culture with regular conferences and conventions.

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According to Bloomberg, Rooster Teeth was struggling before the pandemic hit, and when it had to cancel RTX 2020 due to the Coronavirus pandemic, things only got worse. Not long after, Rooster Teeth founder Burnie Burns left the company. As many fans were uncertain of where Rooster Teeth would go next, the company was forced to lay off a large number of employees.

Arc System Works Rooster Teeth

It's unclear how much AT&T is looking to sell Rooster Teeth for, but this isn't the only division that the company has sold off lately. Many will remember the impactful sale of Crunchyroll to Sony last year for $1.2 billion, and AT&T has cut ties with many other companies as well lately. With any luck, this will aid in its 5G research, but it remains to be seen how this will affect companies like Rooster Teeth.

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Source: Bloomberg