Omidyar Launches $100m Media Fund

A major new philanthropic fund was announced today by the Omidyar Network at the Skoll World Forum in Oxford, UK. The philanthropic investment firm is pledging US$100 million to support investigative reporting, combat hate speech, and bolster civic technology. Among the first recipients is GIJN member ICIJ, which will get $4.5 million over the next three years. Omidyar's Stephen King hopes this will inspire other donors to join the cause. "This is a lot of money, but it’s also not a lot of money," he says. "We need others to step up to the plate." 

Source: Omiydar Network

Posted on: April 5, 2017