We can play that all day. Pharmaceutical, oil, car, agribusiness, and other companies that receive massive amounts of government subsidies, contribute a huge share of every major media outlet's ad revenue.
They're not owned by GE anymore though. They're owned by Comcast, which... maybe it should still get the tag.
Calling (2) "state-funded" when the signal was clearly intended to indicate (1) is disingenuous and eliminates the value of the signal.