Excellent point. There is another category of bad owners too, state owned. I'd almost prefer that to the square metre of adverts per story that the local rag produces though.
State-funded is not terribly far off, either: if funding depends to any real degree on the political climate, then the conflicts are unavoidable.
The line between state-owned and state-controlled is incredibly thin, and is only one catastrophe away from being wiped out.