Under New Management is Toontown Rewritten's major update that was released as the 4.0.0 update on May 24, 2024, during ToonFest: The Great Fanfair. It was announced on May 26, 2023, during ToonFest: Birthday Bash, with a breaking newscast from COG-TV announcing a management shakeup at Cogs, Incorporated. The update is comprised of four new sinister Supervisor Cogs, revamped Cog facilities, Version 2.0 Cog Disguises, and new cosmetics. Various observational analyses were conducted by the Cogs throughout February 2024 to monitor and evaluate the performance of the new Supervisor Cogs. Toontown community members were able to playtest the Under New Management update and provide feedback before public launch.
