Media in Chicago in the context of "Media market"

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⭐ Core Definition: Media in Chicago

The Chicago metropolitan area (the Chicago market) commands the third-largest media market in the United States after New York City and Los Angeles and the largest inland market. All of the major U.S. television networks have subsidiaries in Chicago. WGN-TV, which is owned by the Tribune Media Company, is carried (with some programming differences) as "WGN America" on cable and satellite nationwide. Sun-Times Media Group is also headquartered in Chicago, which, along with Tribune Publishing, are some the largest owners of daily newspapers in the country.

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Media in Chicago in the context of Media in New York City

New York City has been called the media capital of the world. The media organizations based in New York City are internationally influential and include some of the most important newspapers, largest publishing houses, biggest record companies, and most prolific television studios in the world. It is a major global center for the book, magazine, music, newspaper, and television industries. A 2019 Pew Research Center report found that 12 percent of all U.S. newsroom employees live in New York City, disproportionately higher than the 7 percent of the U.S. working-age population that lives in New York City.

New York is also the largest media market in North America (followed by Los Angeles, Chicago, and Toronto). Some of the city's media conglomerates include CNN (CNN Global), the Hearst Corporation, NBCUniversal, The New York Times Company, the Fox Corporation and News Corp, the Thomson Reuters Corporation, and Warner Bros. Discovery. Seven of the world's top eight global advertising agency networks are headquartered in New York. Three of the "Big Four" record labels are also headquartered or co-headquartered in the city. 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.

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