Ownership and control: Ownership and control generally come as part of the same package in a market-oriented capitalist economy. Combined ownership and control is important to the efficient allocation of resources. However, in some cases ownership comes without control and control comes without ownership. In those circumstances efficiency is not as easily attained. There are two main types of media companies Public media companies Exist to provide a public service or are government owned so for example: the BBC perceived social needs rather than to produce a private profit to meet the audience needs not for just entertainment but for education and information as well, it meant to cater for all interests.
The BBC by the way is funded through an annual T.V licence fee which is charged to all British house hold using any type of equipment to receive television broadcast. types of media companies private privately owned – profit seeking companies (The Walt Disney company, news corporation,)