New York is a center for the television, advertising, music, newspaper and book publishing industries and is also the largest media market in North America (followed by Los Angeles, Chicago, and Toronto).
Some of the city's media conglomerates include Time Warner, the Thomson Reuters Corporation, the News Corporation, the Hearst Corporation, and Viacom. Seven of the world's top eight global advertising agency networks have their headquarters in New York. Three of the "Big Four" record labels' headquarters, are in New York City;Universal Music Group, Sony Music Entertainment and Warner Music Group. One-third of all American independent films are produced in New York.
More than 200 newspapers and 350 consumer magazines have an office in the city and the book-publishing industry employs about 25,000 people.
Two of the three national daily newspapers in the United States are New York papers: The Wall Street Journal and The New York Times which has won the most Pulitzer Prizes for journalism.
Major tabloid newspapers in the city include: The New York Daily News and The New York Post, founded in 1801 by Alexander Hamilton.
The city also has a major ethnic press, with 270 newspapers and magazines published in more than 40 languages. El Diario La Prensa is New York's largest Spanish-language daily and the oldest in the nation. The New York Amsterdam News, published in Harlem, is a prominent African American newspaper. The Village Voice is the largest alternative newspaper
The television industry developed in New York and is a significant employer in the city's economy.
The four major American broadcast networks are all headquartered in New York: ABC, CBS, FOX and NBC. Many cable channels are based in the city as well, including MTV, Fox News, HBO and Comedy Central.
In 2005, there were more than 100 television shows taped in New York City.
New York is also a major center for non-commercial media. The oldest public-access television channel in the United States is the Manhattan Neighborhood Network, founded in 1971. WNET is the city's major public television station and a primary source of national PBS programming. WNYC, a public radio station owned by the city until 1997, has the largest public radio audience in the United States.
The City of New York operates a public broadcast service, NYCTV, that has produced several original Emmy Award-winning shows covering music and culture in city neighborhoods and city government.