EU Observer | New EU media bill seeks to curtail government meddling, 16 Sep European Media Freedom Act

"For the first time in the EU law, we are presenting safeguards to protect the editorial independence of the media," Vera Jourova, a vice-president of the European Commission, told reporters in Brussels.

"No public service media should become a propaganda channel of one party," she said, noting that the financing of public service media will also have to be transparent.

the reference document also recommends private-sector print publishers and broadcasters (radio, ITC network) surveillance and regulation

A new European Board for Media Services will be tasked as a type of watchdog on media concentration, to ensure a plurality of voices.
[...]
"Our aim being first and foremost to guarantee editorial independence and to avoid any interference," said Thierry Breton, EU internal market commissioner. "When it comes to interference, obviously there can be state interference. That's what we have in mind," he said.
[...]
Paris-based Reporters without Borders called it an important step forward for media freedom and for the preservation of democracy and the rule of law. The Civil Liberties Union For Europe also welcomed it -- but highlighted several shortcomings.

For one, it shed doubt on whether the European Commission would enforce it, given its past hesitations to launch infringements against Poland and Hungary...

reference
MONITORING MEDIA PLURALISM IN THE DIGITAL ERA, Application of the Media Pluralism Monitor in the European Union, Albania, Montenegro, the Republic of North Macedonia, Serbia[,] and Turkey in the year 2021 (2022), 187pp
must read buzzword "indicators," contradictions in terms, and risk rates
• Fundamental protection of free expression
(professional journalist)
• Market plurality
(professional journalist)
• Political independence
(professional journalist)
• Social inclusivenes
(professional journalist)