New York metropolitan area to take advantage of New Jersey's relatively lower commercial real estate and rental prices, while offering continued geographic proximity to Manhattan's financial industry ecosystem. Silicon Alley, centered in New York City, has evolved into a metonym for the sphere encompassing the metropolitan region's high technology industries involving the Internet, new media, financial technology ("fintech"), telecommunications, digital media, software development, biotechnology, game design, and other fields within information technology that are supported by its entrepreneurship ecosystem and venture capital investments. In 2015, Silicon Alley generated over US$7.3 billion in venture capital investment, most based in Manhattan, as well as in Brooklyn,
Transparency of media ownership in Europe outputs and contents while transparency empowers readers to detect and appraise owners influences on the media and its contents. The European Commission's study on Indicators for Media Pluralism (2009) recognises transparency of media ownership and/or control as a key indicators of media pluralism. Also, media ownership transparency is essential for preventing concentration of media power which can unduly influence public opinion and the political debate. Precisely, transparency of media ownership is a precondition for assessing levels of concentration or other dimensions of diversity in a given media system. Indeed, if readers don't know who the real owners of media companies