Wednesday, July 8, 2009

Bloomberg Announces Package of Media Initiatives for Economic Development

New York Future Initiative (NYFI) related the following announcement from Mayor Michael Bloomberg about a package of initiatives designed to strengthen New York's media sector, part of a broader push to diversify the city's economy and trigger some economic gains to make up for what's been lost on Wall Street.

The initiatives include a research center for media companies and universities, a tax-exempt bond program to help companies purchase new facilities, a media and tech fellowship, and a city affiliated co-working space for freelancers. Read the full details here.

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