It's the smart move from his perspective. Imagine spending the next ten years of your life with everyone calling you the "zoomer avgn" because you read other people's scripts - no thanks!

He's really not. It's clear he's out of the cockpit, and he has no involvement at this point. He made a company and developed a solid formula for video making, carved a nice niche. Why close down the business when he could just leave? Anything that happens at this point doesn't reflect on him, unlike AVGN who was still reading the scripts and claiming the content.