Despite our knowledge that the media can conceal as much as it reveals, the ideology that the media provides us with the objective truth persists even today. As such, the media wields immense influence over our minds and has the ability to clout our opinions and judgements. The question of media ownership is therefore of great importance to us as it possesses the ability to affect issues of every kind.
Government-owned media provides us the benefit of published information that are more likely to be credible, reliable, and obtained via ethical means. Another benefit is that of the media acting in the interest of the public, censoring inappropriate and sensitive content which may cause outrage or commotion. There will also be an intention to promote nation-building and harmony.
However, the withholding of information may occur, as unfavourable acts by the government will be censored. The media could thus be used to spread propaganda, producing articles that laud the strengths of the government while conveniently leaving out the details of questionable or problematic decisions.
On the other hand, the advantages of privately-owned media include the higher likelihood of differing perspectives on a range of issues being covered. Such media organisations are unafraid to voice criticisms against the government or educate the public about politics more objectively, as they are not obliged to pay heed to the government. The presence of competitors would lead to products of higher calibre as well. Naturally, the downsides of such media include the consequences of sensationalising or distorting facts as the organisations weigh profit over ethics. The reality of media concentration is also often veiled by the illusion of diversity and availability of choices.
Ultimately, I believe that government-owned media will be more beneficial to a country like Singapore, because of the racial and religious diversity that exists here. Even under the influence of government-owned media, people have the option of sourcing out information online, thus mitigating the negative effects of government-owned media.