Miami is a major center of commerce, finance, and boasts a strong international business community. According to the ranking of world cities undertaken by the Globalization and World Cities Study Group & Network (GaWC) and based on the level of presence of global corporate service organizations, Miami is considered a "Beta− world city" as its mentioned in Miami map. Miami has a Gross Metropolitan Product of $257 billion and is ranked 20th worldwide in GMP, and 11th in the United States. Several large companies are headquartered in or around Miami, including but not limited to: Akerman Senterfitt, Alienware, Arquitectonica, Arrow Air, Bacardi, Benihana, Brightstar Corporation, Burger King, Celebrity Cruises, Carnival Corporation, Carnival Cruise Lines, CompUSA, Crispin Porter + Bogusky, Duany Plater-Zyberk & Company, Espírito Santo Financial Group.

 

Miami main four sports teams are the Miami Dolphins of the National Football League, the Miami Heat of the National Basketball Association, the Miami Marlins of Major League Baseball, and the Florida Panthers of the National Hockey League as its shown in Miami map. As well as having all four major professional teams, Miami is also home to Miami FC, Miami Tropics, the Sony Ericsson Open for professional tennis, numerous greyhound racing tracks, marinas, jai alai venues, and golf courses. The city streets has hosted professional auto races, the Miami Indy Challenge and later the Grand Prix Americas, whereas the Homestead-Miami Speedway oval located 35 miles southwest currently hosts NASCAR national races.

 

Miami has one of the largest television markets in the nation and the second largest in the state of Florida. Miami has several major newspapers, the main and largest newspaper being The Miami Herald. El Nuevo Herald is the major and largest Spanish-language newspaper. Both The Miami Herald and El Nuevo Herald are Miami and South Florida main, major and largest newspapers and are both headquartered in Downtown Miami in Herald Plaza. Other major newspapers include Miami Today, headquartered in Brickell, Miami New Times, headquartered in Midtown, Miami Sun Post, South Florida Business Journal, Miami Times, and Biscayne Boulevard Times as its mentioned in Miami map. An additional Spanish-language newspapers, Diario Las Americas also serve Miami. The Miami Herald is Miami primary newspaper with over a million readers and is headquartered in Downtown in Herald Plaza.

 

Miami is home to many entertainment venues, theaters, museums, parks and performing arts centers. The newest addition to the Miami arts scene is the Adrienne Arsht Center for the Performing Arts, the second-largest performing arts center in the United States after the Lincoln Center in New York City, and is the home of the Florida Grand Opera. Within it are the Ziff Ballet Opera House, the center largest venue, the Knight Concert Hall, the Carnival Studio Theater and the Peacock Rehearsal Studio as you can see in Miami map. The center attracts many large scale operas, ballets, concerts, and musicals from around the world and is Florida grandest performing arts center. Other performing arts venues in Miami include the Gusman Center for the Performing Arts, Coconut Grove Playhouse, Colony Theatre, Lincoln Theatre, New World Center, Actor Playhouse at the Miracle Theatre.