This is surprising for several reasons.
One is that there is a lot of money out there these days (much of it from foreign sources) to help fund leftist activists, and the left loves their pseudo-documentary propaganda, pioneered by the likes of Michael Moore.
Secondly, by the sounds of it, from a few of the quotes, they are a leftist true believer. People like that don’t usually give up. They’d work for free if necessary. It makes me wonder if they are in to something else, perhaps more radical.
How inconvenient for the employees.
Imagine the CCP has a weekly newsletter — and it calls it quits. Win!
Did any of these groundbreaking films show a profit? This, im assuming LIB billionaire is putting people out of work ?! Why doesn’t he just make all these employees millionaires, how cruel of him.
If you are truly “revolutionary” and “groundbreaking”, then business would be so good that you wouldn’t need to shut down.
When you are “left leaning” and little more than a propagadist, without outside support; you cannot survive. You are just another expendable branch of the Left political party.
The Left has zero loyalty to anyone, but themselves.
Interesting: Waiting for Superman is a fairly anti public school documentary.
I'm looking at you, Algore...
https://variety.com/2024/film/news/participant-shuts-down-film-studio-1235971644/
As Skoll’s message suggests, Participant and companies like it face an uphill battle in the current media landscape. Amid the ongoing economic downturn, the nightmare of making streaming business models work and the pain from production stoppages after last year’s Hollywood labor strikes, there exists a larger reality: The studios are just not making as many movies for adults, especially ones with a conscience.
replaced by AI?
Green Book was a good movie. Roma was okay.
Didn’t know the studio was also behind the Big Algore Lie movie.