page_title: Economy of New York City
section_title: Media
hierarchical_section_title: Economy of New York City / Media
caption_attribution_description: Rockefeller Center, in New York City.
context_page_description: The economy of New York City encompasses the largest municipal and regional economy in the United States. Anchored by Wall Street in Lower Manhattan, New York City has been characterized as the world's premier financial center. It is home to the New York Stock Exchange and NASDAQ, the world's two largest stock exchanges by both market capitalization and trading activity. In 2012, the New York metropolitan area generated a gross metropolitan product of over US$1.33 trillion with a population of 20.3 million people. The Combined Statistical Area produced a GMP of over US$1.55 trillion. Both are ranked first nationally by a wide margin and being roughly equivalent to the GDP of South Korea at less than half its population. The city's economy accounts for most of the economic activity in both the states of New York and New Jersey.
  Manhattan is the world's leading center of banking, finance, and communication. It is home to the New York Stock Exchange on Wall Street. Many of the world's largest corporations are headquartered in Manhattan. The borough contained over 500 million square feet of office space in 2015, making it the largest office market in the United States.
context_section_description: New York is by far the most important center for American mass media, journalism, and publishing. The city is the top media market in the United States, with 7% of the country’s television-viewing households. Three of the Big Four music recording companies have their headquarters in the city. More than 200 newspapers and 350 consumer magazines have an office in the city. The book publishing industry alone employs 25,000 people. For these and other reasons, New York is often called "the media capital of the world". 
   Many of the world's largest media conglomerates are also based in the city.
caption: Rockefeller Center is home to NBC Studios.
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