This study analyses the European Media Freedom Act proposal. It provides a political and historical overview of EU policies in the field of media and on information society at large, also taking into account the debate regarding EU competences on media pluralism and media freedom. The study reasons on the legal basis of the proposed Act, and then analyses the provisions of it under each of the Chapters of the Act, basing on relevant academic literature, policy documents, and empirical data. It concludes with policy recommendations. Study requested by the LIBE Committee at the European Parliament.