As part of the latter, the Commission launched the ‘News Initiative’, bundling existing and new actions to support the news media sector.
This initiative looks holistically at the challenges facing the news media industry and provides a coherent response, bringing together different policy and funding programmes/instruments under a common banner.
As part of these efforts, the new Multiannual Financial Framework for the first time has a dedicated envelope for media pluralism, journalism and media literacy of at least €75 million under Creative Europe.
Media freedom and pluralism are essential principles enshrined by the European Charter of Fundamental Rights. The Commission has been providing support to these principles through a wide range of pilots and preparatory actions. In the period 2021-2027, actions that monitor and assess risks to media pluralism and freedom are supported through the Creative Europe programme.
The Commission aims to support the transformation and competitiveness of the news media sector. Grants include support to foster cross-border collaboration across news media, through grants under Creative Europe. These grants aim to stimulate the testing of viable business models, developing business and editorial standards and training and mobility of professionals. Support to innovative applications for media is offered through Horizon Europe.
The Commission wants to stimulate a lively and diverse public sphere, in which citizens have access to reliable information about the EU. Support for independent production and dissemination of news content on EU affairs is available through the Multimedia Actions. In addition, the Commission supports the development of innovative and attractive projects to engage with citizens, as well as media literacy.