Media institution
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A media institution is an established, often profit-based organization, that deals in the creation and distribution of advertising, entertainment and information services.
Largely trans-national in nature but can exist in a smaller/national form. While a media institution is similar to a media conglomerate, it differs in that it can be a non-commercial entity; whereas a media conglomerate is a commercial entity. For example the UK media regulatory body Ofcom can be considered a media institution but is not a Media conglomerate.
Examples of Media Institutions include: News International, Time Warner, General Electric, Viacom, The Walt Disney Company, Bertelsmann, Vivendi Universal, Sony, Ofcom and the BBC.
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