"Exiled Independent Media (EXIM) are no longer a marginal or transitional phenomenon. They have become a permanent and structurally significant part of the global media landscape – and the forces that lead EXIM to appear are, if anything, growing stronger. The sustained rise of authoritarian regimes, the increasing sophistication of censorship infrastructure, the rollback of international support for press freedom in 2025, the persistence of high levels of organized crime and both civil and international wars have all together created conditions in which more media are being pushed into exile, not fewer. Critically, the impact of EXIM extends well beyond their countries of origin. Outlets such as The Irrawaddy or Meduza have become primary sources through which the international community learns what is happening inside closed regimes – cited regularly by major global publications and relied upon by policymakers, diplomats and researchers. When regimes fall, EXIM are an institution that is uniquely capable of helping to rebuild independent information ecosystems from the ground up. The experience of Syrian exiled media following the end of the Assad government in late 2024 illustrates this capacity, even as the political character of the transitional government remains contested and a free press in Syria is far from guaranteed. Exiled outlets can carry the editorial standards, institutional knowledge and professional culture that repression has hollowed out at home. These are not niche actors. They are part of the infrastructure of global democratic accountability. One of the most consequential findings of JX Fund's research is that the EXIM landscape is far larger, more varied, and more adaptive than is commonly assumed. The sector encompasses not only established newsrooms with international profiles, but a dense ecosystem of outlets at different stages of development, operating across different formats, channels and political contexts." (Final remarks and outlook, page 26)