Global: MDLF chairs WAN press freedom roundtable
MDLF Managing Director Sasa Vucinic chaired the annual press freedom roundtable at the WAN-IFRA 62nd World Newspaper Congress in Hyderabad on 30 November. Under the title, Free Press: What Good Is a Mission Without a Business?, the panel discussed how news organizations can develop a model that is both profitable and in keeping with the mission of a free press.
Panellists included several MDLF clients, including Irina Samokhina of Krestyanin in Russia, Trevor Ncube of South Africa's Mail & Guardian and Jose Ruben Zamora of El Periodico in Guatemala. The session was well received, with attendance up on previous years.
Among the highlights:
"The name of the game involves being very brave ... We have to be bold, we want to leave for future generations countries where the truth is bold," Jose Ruben Zamora
"It's important to have a private media that has a mission in its heart and business in its mind," Trevor Ncube
"State newspapers use taxpayers money which means that we somehow compete with ourselves ... The only way to compete with these newspapers is to use content," Irina Samokhina (pictured - photo by Shakia Harris)
Read more in the Kashmir Observer and The Hindu online.
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It's easy to invest in MDLF's work, providing independent news businesses with the financing they need to hold governments to account, expose corruption and fight for justice for all.
Track record
From 1996 to 31 March 2010, MDLF has provided $97.5 million in affordable financing, including:
• $84.8 million in loans and equity investments;
• $1.2 million in technical assistance grants;
• $11 million in other grants;
• $0.5 million through Digital Kiosk, the secure payment service for independent media;
• Collected approximately $10.5 million in interest and dividends.
MDLF has financed 213 projects for 72 independent media companies in 24 countries and has written off only 1.92% of the total loaned and invested.
MDLF ended March 2010 with a portfolio of $37.9 million in outstanding loans and investments.










