Under a commercial and government mixed-funding model, services which are advertising-free will remain so and any profit will be reinvested.
What carries a fee must later also become freely available within a reasonable time, and the organisation will be required to ensure content overall remains "predominantly free of charge".
It will operate under a charter that sets out goals and responsibilities, with editorial independence enshrined in law.
Many of the decisions about how it will run in practice have been left to the six-to-nine member board appointed by the government. Members must collectively have the financial and sector-specific skills and experience to meet the charter.
At least two board members must also have good knowledge of te ao Māori and tikanga Māori, appointed in consultation with the Minister for Māori Development, and engage with Māori where relevant.
The entity is also required to collaborate with other media entities, including Māori media. Freeview, TVNZ's international and investments arms, free-to-air TV company NZOOM Limited, and Ngā Taonga Sound Archives are also listed as subsidiaries.
Kris Faafoi, who had spearheaded the project as broadcasting minister since 2018, officially announced the plan in March.
At the time, he signalled the organisation would be up and running by the middle of the year.
Faafoi is set to leave Parliament and is giving his valedictory speech this evening.
His successor, Willie Jackson, will introduce the bill on Tuesday.
Charter
A summary of ANZPM's objectives laid out in the bill:
• Reflecting and representing a strong New Zealand identity and culture
• Ensuring te reo Māori and tikanga Māori are valued, visible and flourishing
• An inclusive, enriched and connected society, supporting children's wellbeing and growth and New Zealand's diverse languages, regions and cultures
• Fostering a healthy, informed and participative democracy
The legislation says ANZPM would achieve this through freely available, accessible, and high-quality content across all genres that informs, enlightens, and entertains.
News and information is required to be reliable and accurate, comprehensive, impartial and balanced, while the organisation must also reflect New Zealand's history, and ensure Māori can access content by and about themselves. Strong relationships with Pacific Island countries must also be recognised and supported.
The minister responsible is banned from giving direction over content, complaints, newsgathering, and compliance with broadcasting standards, and cannot remove people for making decisions over such matters.
Directors are also banned from receiving compensations for loss of office.