Between Transparency and Capture
Media Ownership in Romania
Abstract
This article examines media ownership structures, transparency risks, and regulatory challenges in Romania as part of the Euromedia Ownership Monitor (EurOMo) 2025 edition, a comparative research initiative aligned with the European Democracy Action Plan, the European Media Freedom Act, and the Anti-Money Laundering Directive. Drawing exclusively on publicly available and verifiable sources, the study maps ownership, control relationships, management structures, economic interests, political links, and public policy safeguards across a diverse sample of Romanian legacy media outlets and influential digital news accounts. The analysis also includes platform-based news actors, reflecting the growing role of social media—particularly TikTok and Facebook—in news consumption in Romania. The findings reveal a structurally diverse and pluralistic media landscape that nevertheless remains vulnerable to significant transparency deficits. While ownership information for audiovisual broadcasters is largely accessible through regulatory disclosure requirements, the ownership and funding structures of print media, online-only outlets, and platform-native news actors are often opaque or only indirectly traceable. A key risk identified by the study concerns the non-transparent flow of public funds—primarily through political party spending—into the media sector, undermining editorial independence and public accountability. Additionally, growing convergence of media ownership with non-media sectors, including telecommunications and public relations, raises further concerns about economic and political influence.
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