Media in New York City Media in New York City New York City has been called the media capital of the world. The media of New York City are internationally influential and include some of the most important newspapers, largest publishing houses, biggest record companies, and most prolific television studios in the world. It is a major global center for the book and magazine publishing, music, newspaper, and television industries. New York is also the largest media market in North America (followed by Los Angeles, Chicago, and Toronto). Some of the city's media conglomerates include CNN (Turner), the Hearst Corporation, NBCUniversal, CBS, The New York
Concentration of media ownership Corus Entertainment and Shaw Communications), Rogers Communications, Quebecor, and the government-owned CBC/Radio-Canada. Each of these companies holds a diverse mix of television, specialty television, and radio operations. Bell, Rogers, Shaw, and Quebecor also engage in the telecommunications industry with their ownership of internet providers, television providers, and mobile carriers, while Rogers is also involved in publishing. In 2007, CTVglobemedia, Rogers Media and Quebecor all expanded significantly through the acquisitions of CHUM Limited, CityTV and Osprey Media, respectively. In 2010, Canwest Global Communications, having filed for bankruptcy, sold its television assets to Shaw (through a new subsidiary, Shaw Media) and spun