The new company quickly announced an ambitious slate of productions. Its first film was the drama film "American Gun" (2005), with equity partner IFC Films. Two weeks later, the company announced a co-production deal with Warner Bros. on two filmsthe geopolitical thriller film "Syriana" (2005) and the drama film "Class Action" (later re-titled "North Country)" (2005). Participant Productions contributed half the budget of each film. Its fourth production, a documentary film, was announced in November 2004. Titled "The World According to Sesame Street" (2005), the film examined the impact of the children's television show "Sesame Street" on world culture, focusing on Kosovo, Bangladesh, South Africa and El Salvador. At the same time, the company began to implement an environmentally friendly strategy: "Syriana" was the company's first carbon-neutral production, and the company created carbon offsets for the documentary film "An Inconvenient Truth" (2006).