[4] Grid's corporate entity was Media Investment Properties OpCo LLC,[5] a Delaware domestic limited liability company.
[6] On March 22, 2023, Grid, its brand, and its assets were purchased for an undisclosed price by The Messenger, a news startup led by Jimmy Finkelstein, former owner of The Hill.
[8] Grid News employs a format it calls a "360," which breaks down potentially complex stories by approaching them from various lenses, such as race, climate change and misinformation.
[17] Initial funding of $10 million for Grid News was provided by International Media Investments and technology executive Brian Edelman.
[2] Other board members included journalists David Ensor, Madulika Sikka and Chris Isham, and diplomat Alberto Fernandez.
[23][24] Immediately before becoming communications director for Vice President Kamala Harris,[25] Jamal Simmons was paid $60,000 in "consulting fees" by Grid's corporate entity for work between August 2021 and January 2022 to launch a "reoccurring online interview segment.