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Name your favourite:

- official funding with oversight, including democratic participation of all parties, as well as transparent rules (eg equal screen time).

- private media without oversight, heavily favouring one party and in return getting kickbacks through eg state grants or contracts to related businesses.

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You're thinking of public service - I mean the grants given to otherwise unprofitable newspapers. So there's a third option:

- private media without oversight, no requirements on democratic participation of all parties nor equal screen time, in return getting kickbacks by relatively transparent processes

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