Fewer than ten corporations own most of the national media outlets.
A corporation is an organization typically a collection of individuals or a business that has been granted by the state the right to function as a single unit (a legal person in a legal context; business a legal person recognized under private and public law) and is recognized as such in law for certain purposes.
Early corporations were created with a charter (i.e, by an ad hoc act granted by a monarch or passed by a parliament or legislature). The majority of governments currently permit the registration of new business.
Although there are many distinct sorts of corporations, they are often categorized by the legislation of the country in which they were established based on either the ability to issue stock or the purpose for which they were established business.
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