Media DevelopmentInvestment Fund

What is Media DevelopmentInvestment Fund?

Media Development Investment Fund (MDIF) is a New York-registered not-for-profit corporation with 501(c)(3) public charity status, focusing on investing in independent media around the globe, especially in environments where access to information is under threat.

Their mission is to support the provision of reliable, high-quality news and information that contributes to the development of free, thriving societies. MDIF pursues its goals by providing affordable debt and equity financing accompanied by strategic advisory services, aiming to build sustainable businesses that maintain editorial independence and foster community advancement.

With over 25 years of experience in impact investing, MDIF has established a reputation for aiding independent media entities to grow in terms of reach, revenue, and workforce. They boast a significant impact on the societies of their client media companies, which are held to standards of accountability and are instrumental in exposing corruption and encouraging public discourse.

As of the latest data, MDIF has executed $323.3 million in total financing, with current assets under management amounting to $120.8 million, and making investments in 153 media companies across 48 countries.

MDIF also highlights that 70% of their clients have reported an increase in reach, revenues, and staff, while a significant 92% of clients acknowledge creating real-world change within the last year. This substantial influence is reflected in the 255 million people who received news and information from these client media companies.

The fund also connects with a broad coalition of foundations, impact investors, and individuals who support the idea of free and independent media. Furthermore, MDIF operates several initiatives and programs to further its mission, in addition to providing opportunities for investment and funding to like-minded contributors.