Exclusive: Billionaires back new media firm to combat disinformation – By Sara Fischer (Axios) / Oct 26 2021
A new public benefit corporation backed by billionaires Reid Hoffman, George Soros, and others is launching Tuesday to fund new media companies and efforts that tackle disinformation.
Why it matters: Good Information Inc. aims to fund and scale businesses that cut through echo chambers with fact-based information. As part of its mission, it plans to invest in local news companies.
The group will be led by Tara McGowan, a former Democratic strategist who previously ran a progressive non-profit called ACRONYM.
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