Jim Berk, CEO of Participant Media, Is Out, Jeff Skoll Takes Reins

April 10, 2015 8:33 PM

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The writing was on the wall last week when Variety published James Rainey's revealing interview with Participant Media founder Jeff Skoll, the first chief executive of eBay, who admitted that he was not happy with the direction the 11-year-old entertainment media company dedicated to fostering social change was going. He mentioned disappointment in the fortunes of Pivot, the company’s television network, which is available nationally in 48 million homes, and stated his support for Berk while saying he would seek to rely less heavily on him alone but would bring in a board of directors and had launched a strategy review by McKinsey & Co..

“It has been a tremendous privilege to lead Participant Media,” said Berk. “I am incredibly proud of our collective work to drive change through entertainment, but after more than eight years at Participant it is the right time for someone else to take the helm. I look forward to the company’s conti...

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