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To the extent there are empirically sound frameworks for answering the question "how do we know if our media is any good?" I'd think mature models would likely come from the fields of democracy studies and democracy promotion, since their data set is global. For example, looking at Freedom House's framework (https://freedomhouse.org/freedom-press-research-methodology), I see this:

"The legal environment category encompasses an examination of both the laws and regulations that could influence media content, and the extent to which they are used in practice to enable or restrict the media’s ability to operate. We assess the positive impact of legal and constitutional guarantees for freedom of expression; the potentially negative aspects of security legislation, the penal code, and other statutes; penalties for libel and defamation; the existence of and ability to use freedom of information legislation; the independence of the judiciary and official regulatory bodies; registration requirements for both media outlets and journalists; and the ability of journalists’ organizations to operate freely.

"Under the political environment category, we evaluate the degree of political influence in the content of news media. Issues examined include the editorial independence of both state-owned and privately owned outlets; access to information and sources; official censorship and self-censorship; the vibrancy of the media and the diversity of news available within each country or territory; the ability of both foreign and local reporters to cover the news in person without obstacles or harassment; and reprisals against journalists or bloggers by the state or other actors, including arbitrary detention, violent assaults, and other forms of intimidation.

"Our third category examines the economic environment for the media. This includes the structure of media ownership; transparency and concentration of ownership; the costs of establishing media as well as any impediments to news production and distribution; the selective withholding of advertising or subsidies by the state or other actors; the impact of corruption and bribery on content; and the extent to which the economic situation in a country or territory affects the development and sustainability of the media."

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