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
Concentration of media ownership a limited number of stations. In most countries, this system of licensing makes many markets local oligopolies. The similar market structure exists for television broadcasting, cable systems and newspaper industries, all of which are characterized by the existence of large-scale owners. Concentration of ownership is often found in these industries. In the United States, data on ownership and market share of media companies is not held in the public domain. Organizations like Fairness and Accuracy in Reporting have accused the Military-industrial-media complex of using their media resources to promote militarism, which, according to Fairness and Accuracy in Reporting's hypothesis, benefits