A corporation is a limited liability business that offers securities through sharing stock exchanges. Shareholders do not hold direct liability of the profits. Instead, the company is owned by participants that buy into ownership. Public corporations in contrast are owned and operated by the governing city Profits remain a secondary function as rendering services embodies its purpose.
A conglomerate is a corporation consisting of businesses all governed by one main managing entity. Conglomerate structure rarely places like services with like service rather an unrelated groups of businesses form innovative collaborations, powered with financing from consumption Conglomerates alleviate risks operating in a single markets thus combining production resources, sharing vital business objectives. Corporations in contrast are enterprises that are governed by the legislature and mandated by law.
Media conglomerates are specialized corporations that specialize in information consumption and adaptations of technologies through shared global systems. Media is fueled through advertised time slots or print spaces in newspapers or on blog sites. Advertising is big business and cut-throat strategies simply remain grounded in consumerism powered by the desire to maintain a socially acceptable identity. Conglomerates in the media industry have the advantage to having media political power but by a disadvantage of dependence on the government’s money used to buy broadcasting slots.