Participant, studio behind 'Spotlight,’ ‘An Inconvenient Truth,’ shutters after 20 years
- Financier and producer Participant is closing after 20 years. Skoll informed the staff on Tuesday morning. Most of the staff is being laid off.
- Jeff Skoll decided to pivot from entertainment after auditing the company. The closure is due to him evaluating his next chapter.
- Remaining core employees will handle outstanding commitments. Skoll shared a memo with staff announcing the winding down of company operations.
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Leaning Left4Leaning Right4Center7Last Updated15 days agoBias Distribution47% Center