The media industry is undergoing one of the most intensive periods of disruption in its history, with rapid technological changes presenting unprecedented challenges - and opportunities - to news businesses. While traditional print and broadcast media may prosper for years to come in some emerging markets, as audiences and advertising budgets move online, all news businesses that don't already have a strong online presence need to move towards a digital future. At the same time, the continuing disruption in the market means that even the newest digital native companies must keep evolving to stay relevant - change is the only constant.
Ever since we made our first loan in 1996, we have used technical assistance (TA) to support our investments. This capacity support is an integral part of our mission, reflecting our commitment to help clients leverage the financing we provide so they can build sustainable businesses around their core values. Our global practice has served virtually every one of our clients. We provide clients with the advice and information they need to make critical decisions about their business. We believe that to achieve its full potential, a news organization must continuously improve its performance, and we work to help clients build a culture of ongoing reflection and improvement.