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 conglomerate company is a company that own many other companies for example disney / a subsidiary is the smaller company owned by a conglomerate company / an independent company is a company that isn't owned by any other business independent companies often work with larger companies or more established companies to get their product distributed an example is when hat trick productions worked as part of a joint venture with  channel 4 to get it on tv. when companies work as part of a joint venture it is because it is mutually beneficial for both companies. warp films produced the film 4 lions  synergy is when a company does cross production for example a movie soundtrack releases as well for example the avengers a public service company is a company funded by the public for example  TV license , which helps to pay company like bbc and other ones  differences between commercial and public service companies