Hollywood PANICS as WOKE movie studio gets PERMANENTLY shut down!

The sudden COLLAPSE of woke, Participant Media came as a shock to many in the entertainment industry, but it hit documentary filmmakers particularly hard, with some concerned that backers for serious-minded, issue-driven projects are becoming ever more scarce.

Since its founding in 2004, the company — which sought to bring stories that could spark change to a wide audience — has been a staunch supporter of documentaries focused on social and justice issues, funded by the largesse of a billionaire, ex-eBay president Jeff Skoll.

None of its other nonfiction titles quite achieved the heights of 2006’s An Inconvenient Truth, released just two years after the company was formed: The Davis Guggenheim-directed film about Al Gore’s climate change slideshow rocketed to become the third highest-grossing doc ever at the time and focused mainstream attention on climate change, inspiring studies about its impact. “That’s why we exist,” Skoll told The Hollywood Reporter in 2006, as Truth became a sensation. “To help some of these projects get made, to reach audiences and make a difference in the world.”

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#hollywood #woke #dei

[crowbar_the_skull]

More people are waking up to wokeness and rejecting it.

[UsserError]

I will never forgive Hollywood for what they have done. Nothing will fix this.

[michaelgreen]

Yes! A return to fiscal responsibility and sanity!!!

[kwf]

The Hollywood era is over. Spread the word

[PappyGunn]

The whole headline screams woke. Has all the woke buzzwords that I saw ruining our armed forces: "ally, champion, tackling tough subjects". The only thing missing is "conversation" and ""diversity". Bye, bye, nobody is going to miss you, and the 0.1% you were pandering to won't save you.

[LuigiTheMetal]

John Ringo the military fiction writer said it best in 2018, "Get woke, go broke." Always cut away the bloat.

[theturtle]

I'm sure all the displaced workers will go to Disney!

[ABoyandHisDog-pdlb]

The Bottom Line ALWAYS wins in the end!!!

[cherylM.]

Go woke go completely broke every time 😊😊

[livefree]

Participant Media shut down, who cares. More future baristas for Starbucks.

[scottdolansky]

The change from a debt based economy to an asset based economy means the money for social engineering projects are running out.😎

[internetzone]

I am glad Hollywood went woke. I found better things to do during my free time.

[ashliselberg]

They could always speak to the target and planet fitness ceos.

[georgeawestjr.]

Good. Let them all go under.
Just remember this, folks. DEI stands for Didn't Earn It. LOL. 😁😂🤪🤣😆😄😊👌

[ardendragoon]

These "filmakers" should be on jail. They traumatized millions of kids.

[kingclover]

There's no point in paying millions of dollars just to virtue signal when you can do it for free.

[Lucas-tejt]

We need the major ones to crumble like WarnerDiscovery, paramount, loinsgate, Disney, and Comcast NBC universal 😂

[Tracy_LLC]

Less lie's = less woke, I don't like it when people lose there jobs but this is a net positive for humanity.

[Baambam]

"They were willing to attack tough issues." But they couldn't withstand a tough economy that they help to create.

[sharksbreath]

Pretty much everything in "An inconvientent Truth" turned out to be untrue - ironic.