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.
Silicon Slopes have started 167 companies and raised nearly $750,000. The program continues to be strengthened, and at the start of the fall semester in August 2016, Lassonde Studios, an institute that combines 400 residences with a 20,000-square-foot garage (used for building prototypes and holding events and conferences) will be opened to create a hub for innovators, makers, and entrepreneurs of all disciplines to connect. A key contributor to Silicon Slopes' successful tech industry is the well-planned Internet infrastructure. Salt Lake City is in a fortunate geographic location because it sits along the major east-west Internet corridor where ten major service providers