Music of New York City that its status has declined in recent years, due to a combination of increased corporate control over music media, an increase in the cost of living, and the rise of local music scenes whose success is facilitated by the cheap communication provided by the Internet. New York has been a center for the American music industry since the earliest records in the early 20th century. Since then, a number of companies and organizations have set up headquarters in New York, from the Tin Pan Alley publishers and Broadway to modern independent rock and hip hop labels, non-profit organizations, and others.
Concentration of media ownership between undertakings as part of European competition legislation covered also media concentration cases. The need for sector-specific regulation has been widely supported by both media scholars and the European Parliament. In the 1980s, when preparing legislation on cross-border television many experts and MEPs argued for including provisions for media concentration in the EU directive but these efforts failed. In 1992, the Commission of the European Communities published a policy document named "Pluralism and Media Concentration in the internal Market – an assessment of the need for Community action" which outlined three options on the issue of media concentration regulation at