Machinima’s guardian firm has confirmed that 81 workers members have been laid off because the channel shuts down.
Last month, Machinima set its entire YouTube video catalogue to private, saying it was specializing in “creating new content with the Machinima team,” and would proceed to “showcase the talents of the network” within the meantime. This week, guardian firm Otter Media confirmed that the channel has ceased operations, leading to plenty of layoffs.
“A select number of Machinima employees remain with the company, which is now actively providing services to supercharge the combined portfolio of Otter Media,” stated a Machinima spokesperson (by way of GamesIndustry.biz).
“Machinima has ceased its remaining operations, which includes layoffs. Russell Arons remains with Machinima, and is assisting with transitional activities as she explores new opportunities.”
Given that the channel was residence to plenty of creators’ movies, the closure of the channel means a possible lack of an enormous library of content material.
Source