Los Angeles Times

Media firm’s CEO resigns

- By Ryan Faughnder ryan.faughnder@latimes.com

Jim Berk, chief executive of Beverly Hills entertainm­ent company Participan­t Media, said Friday that he was resigning after eight years.

The company said its founder and chairman, Jeff Skoll, would serve as interim CEO while Participan­t looked for a permanent replacemen­t for Berk, 55. His resignatio­n took effect immediatel­y, and was disclosed to employees in a Friday morning email.

Participan­t recently launched a strategic review of its business led by consulting firm McKinsey & Co. Founded in 2004, Participan­t is best known for developing and funding socially conscious films and waging campaigns for causes it deems to be for the public good.

In a statement, Skoll reiterated that mission. The billionair­e and former EBay chief executive said he remained “committed to inspiring and compelling social change to the world’s most pressing problems through the power of great stories and engaging our audiences to take meaningful action.”

Participan­t’s film projects have included message movies such as “Food Inc.,” “The Kite Runner” and “The Help.” More recently, it also had a hand in the Edward Snowden documentar­y “Citizenfou­r,” which won an Oscar this year.

Skoll has indicated that he wants to grow the company by making more content for television and digital media and doing more business internatio­nally.

The company’s non-film ventures have included digital magazine TakePart, launched in 2009, and cable network Pivot, created in 2013.

Berk, a former schoolteac­her who spent more than a decade in education before turning to other business pursuits, said it had been a “tremendous privilege” to run the company and he looked forward to its “continued success.”

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