Be careful what you wish for
The "that's a nice link you've got there" protection racket (known more commonly as the link tax) will result in absolutely zero revenue for the publishers and will just result in the death of independent and investigative news. Which I think we can all agree would be a bad thing, whether you are an SJW or not.
What news publishers should be fighting for is a significant increase in the hosting protection in the E-Commerce directive. The recent Facebook news censorship (the Napalm girl photo) shows that platforms today are insufficiently protected and hence are forced to act conservatively and censor news publications. That completely undermines the freedom of the press.
Why are news organisations called "the press"? Because they owned their own printing presses and could literally print ANYTHING they liked, without needing permission from anyone else! Of course, if they violated laws or community standards they were held responsible. But only AFTER publication -- after everyone had a chance to read it. There are many instances of brave news organisations printing illegal or distressing material, or violating court injunctions, and some have even been killed for it. We cannot and must not allow press pre-censorship in the future.
Unfortunately the future of news is on the platforms (Facebook, Google, Twitter, etc). Those platforms need to have the right, in fact the duty, to make visible everything a news organisation publishes. Even if it is illegal. And they must not be held responsible: the news publisher must be responsible.
I am not saying that everyone should have the right to publish without interference. And I realise that determining whether someone is a "news organisation" or not is fraught with difficulty. But it is not impossible (we already have some laws which treat journalists differently from others) and the time of the experts in Brussels would be better spent on that problem.
The "Napalm Girl" photo was a major factor in turning US public opinion against the Vietnam war. What is going to happen if the 21st century Syrian version of the Napalm Girl photo is deemed to be child abuse and blocked from Facebook and Google?