diff --git a/lib/components/media-cache-provider.react.js b/lib/components/media-cache-provider.react.js
new file mode 100644
--- /dev/null
+++ b/lib/components/media-cache-provider.react.js
@@ -0,0 +1,113 @@
+// @flow
+
+import * as React from 'react';
+
+/**
+ * This represents a persistent cache layer (e.g filesystem)
+ * underneath the memory Holder->URI map.
+ */
+export type MediaCachePersistence = {
+  // returns true if the URI is a cached media URI. This check should be fast
+  +hasURI: (uri: string) => Promise<boolean>,
+  // returns URI if holder cached or null if not
+  +getCachedFile: (holder: string) => Promise<?string>,
+  // returns URI of saved file
+  +saveFile: (holder: string, uri: string) => Promise<string>,
+  // clears cache (deletes all files)
+  +clearCache: () => Promise<void>,
+  // returns size of cache in bytes
+  +getCacheSize: () => Promise<number>,
+  // cleans up old files until cache size is less than cacheSizeLimit (bytes)
+  // returns true if some files were deleted and memory cache should be
+  // invalidated
+  +cleanupOldFiles: (cacheSizeLimit: number) => Promise<boolean>,
+};
+
+const DEFAULT_CACHE_SIZE_LIMIT = 100 * 1024 * 1024; // 100 MiB in bytes
+
+type MediaCacheContextType = {
+  /**
+   * Gets the URI for a given holder, or `null` if it's not cached.
+   */
+  +get: (holder: string) => Promise<?string>,
+  /**
+   * Saves the URI for a given holder. Accepts both file and data URIs.
+   */
+  +set: (holder: string, uri: string) => Promise<void>,
+  /**
+   * Clears the in-memory cache and cleans up old files from the platform cache.
+   * This should be called when no media components are mounted.
+   */
+  +evictCache: () => Promise<void>,
+};
+
+function createMediaCacheContext(
+  persistence: MediaCachePersistence,
+  options: { +cacheSizeLimit?: number },
+): MediaCacheContextType {
+  // holder -> URI
+  const uriCache = new Map<string, string>();
+
+  async function get(holder: string): Promise<?string> {
+    const cachedURI = uriCache.get(holder);
+    if (cachedURI) {
+      // even though we have the URI in memory, we still need to check if it's
+      // still valid (e.g. file was deleted from the platform cache)
+      const uriExists = await persistence.hasURI(cachedURI);
+      if (uriExists) {
+        return cachedURI;
+      } else {
+        uriCache.delete(holder);
+      }
+    }
+    // if the in-memory cache doesn't have it, check the platform cache
+    const cachedFile = await persistence.getCachedFile(holder);
+    if (cachedFile) {
+      uriCache.set(holder, cachedFile);
+    }
+    return cachedFile;
+  }
+
+  async function set(holder: string, uri: string): Promise<void> {
+    const cachedURI = await persistence.saveFile(holder, uri);
+    uriCache.set(holder, cachedURI);
+  }
+
+  async function evictCache() {
+    uriCache.clear();
+    try {
+      await persistence.cleanupOldFiles(
+        options.cacheSizeLimit ?? DEFAULT_CACHE_SIZE_LIMIT,
+      );
+    } catch (e) {
+      console.log('Failed to evict media cache', e);
+    }
+  }
+
+  return { get, set, evictCache };
+}
+
+const MediaCacheContext: React.Context<?MediaCacheContextType> =
+  React.createContext<?MediaCacheContextType>(null);
+
+type Props = {
+  +children: React.Node,
+  +persistence: MediaCachePersistence,
+  +cacheSizeLimit?: number,
+};
+function MediaCacheProvider(props: Props): React.Node {
+  const { children, persistence, cacheSizeLimit } = props;
+
+  const cacheContext = React.useMemo(
+    () => createMediaCacheContext(persistence, { cacheSizeLimit }),
+    [persistence, cacheSizeLimit],
+  );
+
+  return (
+    <MediaCacheContext.Provider value={cacheContext}>
+      {children}
+    </MediaCacheContext.Provider>
+  );
+}
+
+export { MediaCacheContext, MediaCacheProvider };