Since the creation of modern society, there has been a great number of news sources to emerge both in terms of printed material and digital material. Now that we have entered the 21st century and have experienced an expansion in technology, there are even more news sources covering different material than ever before as well. Some news sources are even allowed to now exclusively focus on one topic because it allows them to have a strong presence while providing information that others do not.
One of the most popular forms of news to emerge in the modern era is that of Hollywood news. People love to hear about the celebrities they worship through Hollywood news. Here is what you should know about Hollywood news and the people who love it.
A Harvard Business School conducted a study in 2011 that determined that if a company signs a big-name endorser, it helps boost their sales by $10 million annually. The revenue of all celebrity gossip companies manages to equate to about $3 billion per year, which just goes to show that Hollywood news is so popular amongst Americans. It is also important to understand how diverse the culture of America is now as well.
Between the years of 2014 and 2015, Floyd Mayweather managed to make the most money out of all celebrities. Floyd had an annual income of $300 million. Between the years of 1986 and 2011, the Oprah Winfrey show aired for 25 seasons. It managed to be placed on 120 channels and garnered an audience of 10 million people, $125 million by the end of the first year, and Winfrey personally received $30 million of that money.
Black Entertainment Television, also known as BET, is popular in America and is viewed in more than 90 million homes worldwide. It was the most prominent television network targeting a young black-American audience and was also the leading provider of black American cultural and entertainment based programming, according to statistics in the year 2010.
One of the highest paid actors in the film industry is Will Smith. As a matter of fact, almost all of his films have grossed over $100 million. Denzel Washington is one of the few black actors in history to have won an Academy Award, as he has managed to win two in his career. The first American American to be featured on the covers of GQ, Sports Illustrated, and involved in the Victoria’s Secret Lingerie catalog was Tyra Banks and she did all of that just in the year of 1996.
Reports suggest that Beyonce has an estimated net worth of $450 million, which makes her one of the most successful female music artists in the world. Her husband, Jay-Z, has an estimated net worth of $650 million which brings their collective wealth to $1 billion. With his album The Blueprint 3, Jay-Z managed to earn his 11th number 1 album on the Billboard 200.
In conclusion, there is no question people love the latest celebrity, latest entertainment, and latest Hollywood news. For many, they are unable to resist the urge to read about celebrity hook ups and celebrity break ups that happen almost weekly and love to dive into the stories behind these situations.
