New York City is the largest central business district in the world. Silicon Alley, centered in Manhattan, has evolved into a metonym for the sphere encompassing the New York City metropolitan region's high technology industries involving the Internet, new media, telecommunications, digital media, software development, biotechnology, game design, financial technology (""FinTech""), 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 across a broad spectrum of high technology enterprises, most based in Manhattan, with others in Brooklyn, Queens, and elsewhere in the region. High
Concentration of media ownership Concentration of media ownership Concentration of media ownership (also known as media consolidation or media convergence) is a process whereby progressively fewer individuals or organizations control increasing shares of the mass media. Contemporary research demonstrates increasing levels of consolidation, with many media industries already highly concentrated and dominated by a very small number of firms. Globally, large media conglomerates include Bertelsmann (BMG), National Amusements (Viacom Inc. and CBS Corporation), 21st Century Fox Inc (merging with Disney on January 1, 2019), Sony Corporation, Comcast, The Walt Disney Company, AT&T Inc., Turner Broadcasting System, Hearst Communications, MGM Holdings Inc., Grupo Globo (South