page_title: Economy of Berlin
section_title: Media
hierarchical_section_title: Economy of Berlin / Media
caption_attribution_description: Deutsch: Das Axel-Springer-Hochhaus in der Axel-Springer-Straße im Ortsteil Kreuzberg von Berlin. Der ältere (linke) Teil des Gebäude an der Rudi-Dutschke-Straße wurde zwischen 1960 und 1966 erbaut, der rechte Teil zwischen 1992 und 1994. Der ältere Gebäudeteil ist als Baudenkmal gelistet. English: The Axel Springer Skyscraper at the corner of Rudi-Dutschke-Straße (left) and Axel-Springer-Straße in Berlin-Kreuzberg. The older part (on the left) was built from 1960 to 1966, the annex dates from 1992 to 1994. The older part of the building has been dedicated as a historic landmark.
context_page_description: The economy of Berlin is dominated by the service sector, with around 84% of all companies doing business in services. Important economic sectors in Berlin include life sciences, transportation, information and communication technologies, media and music, advertising and design, biotechnology, environmental services, construction, e-commerce, retail, hotel business, and medical engineering.
  Berlin became one of the largest and most advanced industrial centers in Europe after 1870. After 1900 the Berlin banking district became a major continental financial center and was home to a number of prominent banks. After the end of World War II in 1945 and the subsequent political divisions, the city's location inside of East Germany led to an exodus of many major firms to West Germany. Berlin's economy has been affected through the years by the city's changing geopolitical fortunes from 1961-1989. The city stagnated economically during the Cold War, when West Berlin was isolated geographically and East Berlin suffered from poor economic decisions made by East Germany’s socialist central planners.
context_section_description: Berlin is home to many international and regional television and radio stations. The public broadcaster RBB has its headquarters in Berlin as well as the commercial broadcasters MTV Germany, Comedy Central and Welt. German international public broadcaster Deutsche Welle has its TV production unit in Berlin, and most national German broadcasters have a studio in the city including Das Erste, ZDF and RTL.
  Berlin has Germany's largest number of daily newspapers, with numerous local broadsheets (Berliner Morgenpost, Berliner Zeitung, Der Tagesspiegel), and three major tabloids, as well as national dailies of varying sizes, each with a different political affiliation, such as Die Welt, Junge Welt, Neues Deutschland, and Die Tageszeitung. The Exberliner, a monthly magazine, is Berlin's English-language periodical focusing on arts and entertainment. Berlin is also the headquarters of the two major German-language publishing houses Walter de Gruyter and Springer, each of which publish books, periodicals, and multimedia products.
caption: Headquarter of the Axel Springer SE
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