Who Owns the Media?

In reading the articles about the Obama and G.E. partnership we learned what companies own what media.     We learned that G.E. did not pay taxes in 2010 because most of their profits were in offshore.  This is just wrong to me.  The reason being that how is it ok for a company based out of the U.S. not pay taxes?  Then even bigger problem is that an American company is providing job overseas which is good but at the same time what about the 99% of people do not have jobs?  Why is that they cannot provide jobs for people in their own country?  The fact they are not doing to help their own country is just sad.  Reading this article shows that our system does have problems.  Now it's just a matter if anyone is going to do anything about it.  Another problem the article brings up is that G.E.'s CEO is now helping give Obama advice on business.  I dont believe that the president should be taking advice from someone that doesn't pay taxes and is based out of America.  Aso the fact that they ship jobs overseas rather in America where there so many people out of work in America, you would think an American Company would want to help its own people.