Ownership is crucial in media, it shows who owns certain companies/groups of companies in the actual media industry, ownership in the media is made up of subsidiaries, conglomerates, independent companies, private companies and other companies such as commercial companies or companies that are horizontally and vertically integrated,
- Conglomerates are large businesses with various media interests.
- Media Subsidiaries are companies that are either completely or partly owned by another company, this means that they own more than half of the subsidiaries stock. A subsidiary can be either a company, limited liability company or a corporation, Sky TV is owned by news corp (which is a conglomerate.)
- Private companies are either owned by organisations that are non-governmental or by a small number of shareholders/company members, these types of companies do not offer or trade their company stock to the general public/stock market exchanges
- Independent companies are the companies that work alone.
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Public service broadcasting is when media is broadcasted to the public from the government, this can be funded from various sources. These can include license fees, public financing and government funding. The BBC are funded via license payers, their work is also outsourced into other countries and they also sell DVD's.
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Companies that are privately owned such as Sky TV are funded by their products, they receive money from things such as the adverts they show and any subscription fees.
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Some companies are owned partly by private organisations and partly by public. This can help when it comes to revenue whilst also allowing some creative control. Film four has has many problems when it comes to funding, at one point previously it was part publicly owned/part privately owned.
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When it comes to companies who are independent, they will freelance their work to various other organisations. This allows them to have complete freedom with their creativity and also means that they are not tied down to any specific boundaries. 
