Participant, studio behind 'Spotlight,’ ‘An Inconvenient Truth,’ shutters after 20 years

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Participant, the activist film and television studio that has financed Oscar winners and socially conscious documentaries, is closing its doors after 20 years.

11 minutes agoFILE - Jeff Skoll arrives at the Los Angeles premiere of"An Inconvenient Sequel: Truth to Power" at the Arclight Hollywood, July 25, 2017, in Los Angeles. Participant, the activist film and television studio that has financed Oscar winners like Spotlight and socially conscious documentaries like Food, Inc, and Waiting For Superman is closing its doors after 20 years.

Since Skoll founded the company in 2004, Participant has released 135 films, 50 of which were documentaries and many of which were tied to awareness-raising impact campaigns. Their films have won 21 Academy Awards includingParticipant was behind films like “Contagion,”"Good Night, and Good Luck," “Lincoln” and “Judas and the Black Messiah,” the limited series “When They See Us” and alsowhich they rolled out this month. Their films have made over $3.3 billion at the global box office.

“I founded Participant with the mission of creating world-class content that inspires positive social change, prioritizing impact alongside commercial sustainability,” Skoll wrote. “Since then, the entertainment industry has seen revolutionary changes in how content is created, distributed and consumed.”

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