Economy of New York City feet (37.2 million m) that same year, is the largest central business district in the world. New York City is distinctive for its high concentrations of advanced service sector firms in the law, accountancy, banking and management consultancy fields. It is the top global center for the advertising industry, which is metonymously called "Madison Avenue". Silicon Alley, metonymous for New York's broad-spectrum high technology sphere, continues to expand. Finance, high technology, real estate, insurance, and health care all form the basis of New York's economy. The city is also the nation's most important center for mass media, journalism, and publishing.
Concentration of media ownership Sweden. Finally, only five countries face a low risk: Croatia, Cyprus, Malta, Slovenia and Slovakia. In the monitoring carried out in 2014, 7 of 9 countries (Belgium, Bulgaria, Denmark, France, Hungary, Italy, the UK) scored a high risk in audience concentration. A 2016 report based on data collected by MAVISE, a free online database on audiovisual services and companies in Europe, highlights the growing number of Pan-European media companies in the field of broadcasting and divides them into different categories: multi‐country media groups, controlling “channels that play an important role in various national markets (for example Modern Times Group, CEME,