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| OVERVIEW |
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New York City has been the center of the publishing business both in the US and abroad since the onset of a free and independent press. Many of the world’s largest publishing companies are headquartered in the New York, and Madison Avenue remains the world’s capital for the advertising world.
New York City is also a large and influential market for both the consumption and distribution of radio and television content, with five of the top ten media conglomerates located here. Our rich pool of talent makes New York City the location of choice for film, television and news studios. World-class concert and performance halls and the Broadway theater community provide opportunities for talent and business alike. |
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| WHY NYC? |
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| New York City is the global center of the Media and Entertainment industries. Representing over 7 percent of U.S. households, NYC is the largest media market in the nation. For example, the fifty block area just north of Times Square contains 6.3 million square feet of office space and 25,000 employees devoted to the publishing industry. |
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| FILM & TELEVISION |
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New York City is the headquarters for:
- 2 of the Top 5 U.S. cable distributors
- 6 national broadcast networks
- 10 local TV stations
- 78 cable networks, including HBO, Showtime, and MTV
- 4 major film studio companies, as well as several independent film companies
Other NYC Film and Television statistics include:
- The total number of days of television and movie production in NYC has more than doubled since 2002
- 6 prime-time series are produced here
- 9 pilots were shot here in 2005
- Steiner Studios, the largest sound stage on the East Coast, was opened in the Brooklyn Navy Yard in 2004, with the help of infrastructure improvements contributed by the City
- 47 local film festivals are held in NYC each year
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| JOURNALISM |
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Hundreds of news reporting companies have offices in New York City. Our Journalism community includes:
- Six international wire services
- Permanent bureaus of over 100 foreign media companies
- Publishers of over 200 foreign language newspapers
- Headquarters of 350 consumer magazines, including the Top Ten by circulation
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| TALENT |
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| WHO’S HERE |
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Some of the largest media conglomerates in the world are headquartered in New York City. Five of the top ten U.S. Entertainment Corporations are headquartered here. Top 10 U.S. Entertainment Corporations
| Rank |
Corporation |
Headquarters |
1 |
Time Warner |
New York, NY |
2 |
Walt Disney |
Burbank, CA |
3 |
News Corp. |
New York, NY |
4 |
CBS |
New York, NY |
5 |
Viacom |
New York, NY |
6 |
Clear Channel Communications |
San Antonio, TX |
7 |
Warner Music Group |
New York, NY |
8 |
Regal Entertainment Group |
Knoxville, TN |
9 |
Univision Communications |
Los Angeles, CA |
10 |
AMC Entertainment |
Kansas City, MO |
(Source: Fortune 500 2006) ABC, CBS, Fox and NBC have their primary news bureaus and broadcast facilities in the City, including street front studios where the morning shows originate. Hearst, VNU, McGraw Hill, Pearson, Reed Elsevier and Random House all publish from New York City.
Several notable media companies have built new headquarters buildings here as part of their long-term commitment to New York City. These companies include Conde Nast, Time Warner, Hearst and The New York Times. Many large international corporations have established their US headquarters here. They include Sony, Bertelsmann, Holtzbrinck and Hachette Filipacchi. |
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| SUCCESS STORIES |
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| BOWNE & COMPANY |
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Bowne & Co., the world's largest financial printer, wanted a space that was more accessible to customers and had the technological infrastructure to offer round-the-clock operations for 400 employees.
Read more > |
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| RECENT PRESS |
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| NYC Economic Development Corporation Selects Developer for Historic Battery Maritime Building |
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| Brooklyn Cruise Termina Event Manager RFP |
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| ADDITIONAL RESOURCES |
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The following organizations offer support for doing business in the media and entertainment sectors:
The City of New York Mayor’s Office of Film, Theater and Broadcasting
The one-stop shop for all production needs in New York City, including free permits, free public locations and free police assistance.
The New York City Department of Cultural Affairs
Dedicated to providing funding, technical support, and advocacy on behalf of New York City’s non-profit cultural community.
Institute for Media and Entertainment
A new program focused primarily on training for the business aspects of the media and entertainment industries.
New York Production Alliance (NYPA)
NYPA helps to maintain, increase and expedite film and video production in New York City and State.
Latin Media and Entertainment Commission
Promotes New York City’s rich Latin cultural arts, media, and entertainment sector. The Commission advises the Mayor on business development and retention strategies specific to the Latin media and entertainment industry.
Kaufman-Astoria Film Studios
A full-service, turn-key, film and television production center focused on film video, commercials, music, sound and studio photography.
Silver Cup Studios
A full-service film and television production facility, located in Long Island City with 13 shooting stages.
Steiner Studios
A 15 acre film and television production and support facility located at the historic Brooklyn Navy Yard. |
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| INCENTIVES |
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| NYCEDC offers information about a variety of New York City business incentives designed to help businesses thrive. Visit our Financing & Incentives section. |
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| CONTACT INFORMATION |
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For more information on how NYCEDC can help your business in NYC, please contact:
Jonathan Busky
Vice President, Strategy & Policy
(212) 312-3693
jbusky@nycedc.com |
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| RELATED LINKS |
Incentive Finder
Use this simple tool to discover which NYC incentives may be applicable to your business. The Five Boroughs
Get highlights about what NYCEDC is doing in each borough. Telecom
Learn how NYCEDC works to improve network reliability, expand broadband access and more. |
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| PUBLICATIONS |
Economic Snapshot
Read our newsletter highlighting NYC employment, consumer spending, real estate and more. |
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