Information as a public good is not a thing of nature, but a purposeful action. In my contribution, I explore an international association that got institutionalised around the idea of information as a public good by means of lucrative cooperation between public service broadcasters. It emerged after the Second World War, in a world where public services would become the norm rather than the exception, and has continued to a time when priorities switched fundamentally towards profit and liberalisation. The object of study is the European Broadcasting Union, the largest association of public service media providers in Europe and beyond, servicing more than one billion people as audiences via its members. In order to understand whether EBU's institutional practices still prioritise information as a public good or have moved towards a more neo-lib focus, I undertook an institutional analysis based on secondary data. The research shows that the combination of a neo-lib corporate layer with voluntary working groups from national PSMs makes EBU particularly successful; it looks like a new public management dream come true, except that EBU is not an accountable public organisation. Through the NGO structure, corporate management and voluntary work, it opens large avenues of cooperation for professionals to innovate together, at the end of the day enhancing information as a public good.