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Are you really equating government censorship to self censorship?

Because as far the consumers of media are concerned, there is no difference -- they end up not getting the information.

It's a point. But ultimately there is only a moral problem with media companies self-censoring rather than necessarily a legal problem.

We can dislike and declaim the media establishments that do self-censor but we can't decry their right to do so.

I fully agree that freedom of information also means freedom to not publish things the entity(publisher) does not see fit.

On the other hand...

Should the government be allowed to intimidate an entity into self-censoring? Should a corporation/entity be allowed to intimidate an other entity (with legal actions or other means) into self-censoring? Should a group of people/corporations (majority or not) be allowed to intimidate a minority group/entity into self-censoring? Should social norm of "We do not do business with entities deemed immoral (publishing anti-xxx materials)" be allowed to force entities into self-censoring?

Where do you draw the line?

The first creates the second.

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