Silicon Alley across the metropolitan region, bolstered by the city's emergence as a global node of creativity and entrepreneurship, social tolerance, and environmental sustainability, as well as New York's position as the leading Internet hub and telecommunications center in North America, including its vicinity to several transatlantic fiber optic trunk lines, the city's intellectual capital, and its extensive outdoor wireless connectivity. The term "Silicon Alley" was derived from the long established Silicon Valley in California. It was originally centered in the Flatiron District, in the vicinity of the Flatiron Building at Fifth Avenue near Broadway and 23rd Street, straddling Midtown and Lower
Media of Bulgaria concentration on the basis that it would not establish or increase a dominant position in the distribution market. According to the Media Pluralism Monitor, "concentration of media ownership is very high". The top 4 major owners in the broadcasting sector have an aggregated market share (based on advertising revenue only) of 93.35%. The top 4 major owners of daily newspapers reach an aggregated market share of 79.7%. As for Internet Service Providers (ISPs), they have an estimated market share which is above 50%. Concentration trends are also present in terms of audience and readership whose concentration is "very high" according