As I've stated in a previous thread, I think the media is the perfect "bullshit detector" (for lack of a better word) to see through political sophistry, and if the media was owned by the government, then I don't think it would have the freedom to do that.
Also, the media in the United States is controlled by a few large corporations that own smaller corporations, and in many ways, that controls and dictates what the media can produce and supply as forms of information to the general public.
In essence, I think Konulu makes a great point when he says the independant media is a forced to be reckoned with. They really have nothing to 'gain' or to 'lose' by the information they produce. I also support public television, like PBS, which is essentially owned by the people and for the people. Henceforth, no commercial advertising. This is in a perfect world, of course.
dgun and Nattering Nabob are apparently my fanboys...