Warner Bros denies rumours that Cartoon Network is going to shut down

Several media reports have recently surfaced indicating that Cartoon Network, the integral part of all 80s and 90s kids, is going to be discontinued soon enough.

However, debunking these reports, Warner Bros recently released a memo stating that these ‘rumours’ are baseless and inaccurate.

Warner Bros had recently acquired Cartoon Network. In the memo, it stated that there aren’t any plans to shut the shop. However, the film and entertainment studio informed that there have been some layoffs.

Warner Bros released a memo stating they’ve released around 82 employees from different departments including animation and scripting. This memo was released after the news of the merger of these two entertainment companies came into the limelight as the fans started bombarding social media with posts and comments saying ‘Cartoon Network Shutting Down Soon’.

According to the memo, Cartoon Network will work under the brand name of Warner Bros as one entity only.

The studio has decided to make certain adjustments owing to a fall in its ratings and viewership.

Post-merger, the channel will continue to work under the Warner Bros umbrella. According to recent reports, entertainment giant, Warner Bros is now looking for fresh talent in order to restructure its business model.

Meanwhile, Cartoon Network also took to Twitter to negate these rumours and said that they will continue to come up with more offerings for the audience.

“Y’all we're not dead, we're just turning 30. To our fans: We're not going anywhere. We have been and will always be your home for beloved, innovative cartoons More to come soon,” it said in the tweet.

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