Founded in 1998, Media Investment Group, “MIG”, is an investment, consulting and management services firm that focuses on technology, media and content companies. MIG and its affiliates MIG Tech Advisors VIII LLC and Mooncrest Capital are investment entities with distinct expertise in technology, social networking, digital media, gaming, mobile, location, cloud, consumer Internet, SaaS and related spaces.
The company and its principals have served as General Partner, Managing Member and/or Special Limited Partners in over a half dozen separate and successive investment and management vehicles since 1998 and have helped deploy capital in excess of US$1.1bn into dozens of companies both public and private in its areas of specialization.
Some of its most prominent companies and collaborations include leaders in media, entertainment, social networking, gaming, technology platforms and other innovative properties and “utilities” that have solved or are addressing key consumer and brand engagement challenges and highly leveragable revenue opportunities across numerous of today’s leading Internet and mobile properties.
Media Investment Group is both a co-founder and an advisor to the board of two global charitable initiatives intended to drive more extensive and enduring philanthropic activities across the social Internet as well as serving in philanthropic capacities towards solving the world’s water access and purification information technology issues, White House-driven initiatives and summits on technology and job creation and other key challenges and initiatives of our times.
The firm is heavily focused and derives a significant portion of its revenues and asset value from:
• Financial & Strategic Consulting
• Investments, M & A, Exits
• Management Services
• Board Representation
MIG backs passionate and diligent founders as they turn disruptive ideas into category leading businesses. We support entrepreneurs and visionaries who are courageous and driven to expand the horizons of what is possible through technology, product and platform.
MIG invests in and consults for global enterprise, consumer, VR/AI, media, application and healthcare technology startups at all stages of funding and across the technology and services stack.
CEO/ SENIOR MANAGING PARTNER
Richard holds a Bachelor’s Degree in Economics from Harvard College, a Master’s Degree in Law from Cambridge University, England and a Master’s Degree in Business Administration from Harvard Business School. He has also completed the undergraduate pre-law program at the LSE and the executive program on negotiation at Harvard Law School.
- HARVARD UNIVERSITY
- CAMBRIDGE UNIVERSITY
- LONDON SCHOOL OF ECONOMICS
- HARVARD BUSINESS SCHOOL
Richard is CEO & Senior Managing Partner of Media Investment Group. MIG provides investment, consulting and management services focusing on technology, social networking, digital media, streaming, VR/ AI and other platform, applications and technologies. Richard was the original senior director and head of international business development & strategy at Facebook He has served as an executive, investor, board member, founder, or consultant to numerous transformative technology companies in TMT, mobile, video distribution, streaming, monetization, advertising, social and content sharing networks.
Prior to FB, Richard served as CFO and Senior Vice President of Disney’s Worldwide Television Group where he managed finance, business development and equity ventures. He coordinated and oversaw financial, business development, strategy, as well as the equity joint ventures group for Disney, representing several billion dollars in annual revenue.
Previously, Richard served in operational, advisory and/or executive management roles within Viacom Entertainment Group, Paramount Pictures as well as HBO International and Warner Bros International Television groups.
Richard has been involved with various philanthropic activities, including serving as chairman of a global charitable initiative driving philanthropic activities across the social Internet, as well as participating in several White House, World Economic Forum and United Nations summits and other leadership initiatives on technology, media, television, social investing, sustainability, philanthropy and job creation. He is on the Board of the University of Cumbria’s Institute for Leadership and Sustainability in the UK.
He has held Series 7 and Series 63 licenses with FINRA. He is an avid sportsman (tennis, swimming, running), travels extensively and enjoys boating.
MANAGING DIRECTOR, PARTNER
Josh holds a Bachelor’s Degree in Liberal Arts from Brown University.
Josh Elbaum is Managing Director of Media Investment Group, LLC. He provides financial and strategic consulting services to global media, entertainment, and asset management enterprises. Josh also participates in the firm’s deployment of private equity capital into new business opportunities within MIGs areas of expertise. Collectively the firm has participated in film financings, venture capital investments, consulting services, strategic alliances, research services, international sales, valuations and new business development.
For nearly 25 years, Josh has traveled worldwide selling television and film content, expanding markets and serving as a catalyst in the realization of new business opportunities across the media landscape.
With strong relationships throughout the creative, production and distribution sectors of the media industry, as well as extensive connections in government, banking and advertising, Josh’s work includes transactions, due diligence, feasibility analysis, IPTV, broadband and social network media initiatives.
Most recently Josh has been involved in projects in the fields of news, sports, children’s and educational programming in the Middle East, working with public and private network and independent broadcasters, independent production studios and multi-media distributors. For over 15 years, Josh has been a juror for the International Academy of Television Arts and Sciences’ International Emmy Awards.
Josh has served in senior executive positions at Turner Broadcasting, CNN, ITC (U.K.) and Metro-Goldwyn-Meyer/United Artists. He is a member of the British Academy of Film and Television Arts, the National Association of Program Television Executives, and the Los Angeles Committee on Foreign Relations. Josh is conversant in Spanish, Portuguese, Swedish and Russian.