This study has been conducted to determine level of agreement between media practice by the top news channels and media code formulated by Pakistan Electronic Media Regulatory Authority (PEMRA) in 2015 in context of media freedom being exercised by the TV channels of Pakistan. The stud is based on perception of the broadcast journalists working in newsrooms of the news channels. A survey was conducted to asnalyse perception of the professionals. As PEMRA code was formulated to control TV channels but the professionals don’t think PEMRA code snub media freedom giving an impression of “responsible journalism” being practiced in the country.