Silicon Alley rapid halt during the early 2000s recession. During this economic contraction, many internet companies in Silicon Alley folded. The recession also affected publications that covered the sector. After the dot-com bust, the "Silicon Alley Reporter" was rebranded as "Venture Reporter", in September 2001, and sold to Dow Jones. Self-financed AlleyCat News ceased publication in October 2001. A couple of years after the dot-com bust, Silicon Alley began making its comeback with the help of NY Tech Meetup, and NextNY. On December 19, 2011, then Mayor Michael R. Bloomberg announced his choice of Cornell University and Technion-Israel Institute of Technology to
Transparency of media ownership in Europe outputs and contents while transparency empowers readers to detect and appraise owners influences on the media and its contents. The European Commission's study on Indicators for Media Pluralism (2009) recognises transparency of media ownership and/or control as a key indicators of media pluralism. Also, media ownership transparency is essential for preventing concentration of media power which can unduly influence public opinion and the political debate. Precisely, transparency of media ownership is a precondition for assessing levels of concentration or other dimensions of diversity in a given media system. Indeed, if readers don't know who the real owners of media companies