Media Literacy -- The ability to access, analyze, evaluate, create, and act using all forms of media. It involves understanding how media messages are constructed, for what purpose, and how they influence audiences.
News Literacy -- The ability to use critical thinking skills to judge the reliability and credibility of news reports, whether they come via print, television or the Internet.
Definition of "News Literacy" from the glossary of Stony Brook University’s Center for News Literacy.
The website AllSides describes how to identify 16 types of media bias: