Tribeca Film Institute Suspends Operations, Enacts Small Round of Layoffs (EXCLUSIVE)

, Jane Rosenthal and Scott Rechler. Portions of the memo were posted on social media.

The trio reminded staff that the Tribeca Film Festival was born from the ashes of 9/11, and needed to be an operation that nimbly addresses urgent need in the community — primarily through financial aid, the memo said. “The uncertainties surrounding our new reality certainly requires significant thought and reflection as to how we adapt to our new circumstances and continue to be as effective in the future. With this in mind, we have made the difficult decision to ‘pause’ TFI and in the coming weeks, we will wind down our existing TFI programming and staff,” the group said.

The final closure is set for Sept. 1, as the group ties up loose ends in grant funding and other operations. The board will reevaluate its options this fall, said the insider, in serving the artists in and around their programming.“By no means is this the end of TFI. We are more committed than ever to supporting storytellers and our community as we try to recover from the devastating humanitarian and economic crisis left in the wake of the COVID-19 pandemic,” the memo continues.

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