Participant, the activist film and television studio that has financed Oscar winners and socially conscious documentaries, is closing its doors after 20 years. Billionaire Jeff Skoll told his staff in a memo shared with The Associated Press Tuesday that they were winding down company operations.
winners like “Spotlight” and socially conscious documentaries like “Food, Inc,” and “Waiting For Superman” is closing its doors after 20 years.
“This is not a step I am taking lightly,” Skoll wrote in the memo. “But after 20 years of groundbreaking content and world-changing impact campaigns, it is the right time for me to evaluate my next chapter and approach to tackling the pressing issues of our time.”
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