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Outlet profile

MeidasTouch

U.S. progressive left

Owned byPrivately owned by brothers Ben, Brett, and Jordan Meiselas; Soros Fund Management holds a minority investment stake as of April 2026
FundingAdvertising revenue (primarily YouTube), merchandise sales, audience donations, and outside investment — a 2026 funding round was led by Soros Fund Management alongside other investors
On the administrationbroadly critical

Background

MeidasTouch was founded in March 2020 by brothers Ben, Brett, and Jordan Meiselas — a lawyer, an Emmy-winning video editor, and a marketing professional — while the three were at home during COVID-19 lockdowns watching Trump press conferences. They registered it as a Super PAC and within its first year raised nearly $5 million producing viral anti-Trump video ads. During the 2020 election cycle, the PAC drew scrutiny for a fundraising arrangement that split donor clicks with the Biden campaign, blurring the line between advocacy and journalism. In 2023 the PAC operation was spun off and renamed Democracy Defense Action, allowing the MeidasTouch name to be applied to a standalone news network (meidasnews.com) with podcasts, YouTube programming, and written coverage. By the mid-2020s the network had grown to nearly six million YouTube subscribers and an estimated annual ad revenue of roughly $10 million. In April 2026, the company announced it had completed an outside funding round led by Soros Fund Management — the same investor behind progressive audio company Crooked Media — alongside other U.S.-based investors; the network said it retains full editorial control. Media credibility trackers consistently rate MeidasTouch as strongly left-leaning and hyperpartisan, and critics have noted that its roots as an anti-Trump advocacy operation continue to shape its editorial voice.

Sources

  1. MeidasTouch — Wikipedia
  2. MeidasTouch Network Completes Round of Funding Led by Soros Management Fund — Barrett Media
  3. George Soros' Firm Invests in Progressive MeidasTouch Network — Bloomberg
  4. Exclusive: Soros Fund in Talks to Invest in Anti-Trump Outlet MeidasTouch — Semafor
  5. The Trouble With MeidasTouch — Rolling Stone
  6. A Little to the Left — Columbia Journalism Review
  7. Meidas Gold (Q&A) — Columbia Journalism Review
  8. What Is MeidasTouch, Who Owns It, and How Has It Shaped Progressive Digital Coverage — Factually

Profile compiled 2026-07-28; refreshed when ownership, funding, or the administration changes.

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