Because most american media is privately owned, which of the following statement is true?
a. it can ignore the bottom line.
b. it is rather subjective.
c. it cannot rely on government funding.
d. it depends on donations from the public

The correct answer is that privately owned media do not receive funding from the state or from the federal government. : state funding is only available for the public media.  The correct answer is c.

They can be subjective, but they can also be objective: and the same holds for government sponsored media.