Every year the culture around the world changes and in the United States there is right now a cultural shift that can easily be tracked by statistics. For as long as most can remember the United States has been enamored with the idea of celebrity culture and celebrity worship. Late night talk shows have based their entire line of work around celebrities and the casual audience interest in celeb gossip, celeb news, and entertainment news.
Today in entertainment, the celebrity culture is worshipped at an even stronger level than ever before. Whenever celebrities help supporter causes, there is a large support from people in the United States. Most of the support will come from people between the ages of 18 and 36, with little support coming from people over the age of 60.
The Harvard Business School conducted a study in 2011 that revealed whenever a company signs a big-name endorser, their revenue and sale increases by $10 million annually and also spurs a .25% increase in stock returns. Tyra Banks is a model who rose to celebrity status due to her successful career as a model. She was the first African American to be featured on the covers of GQ in February 1996, the Sports Illustrated Swimsuit Issue in 1996, and Victoria’s Secret lingerie catalog.
The celebrity gossip industry as a whole creates more than $3 billion per year in revenue. Here are some more facts as to how the latest entertainment news and today in entertainment news are so popular.
People Love Cultured Television and Movies
From the year 1986 to 2011 the Oprah Winfrey Show ran on air for 25 seasons straight finding a home on nearly 120 channels. This show garnered an audience of 10 million people while also grossing around $125 million by the end of its first year, and Oprah saw $30 million herself. Today in entertainment there are not many other people who will top those numbers let alone even come close to that type of success.
Today in entertainment Black Entertainment Television, or BET, is viewed in more than 90 million homes worldwide. As of the year 2010, it was considered to be the most prominent television network that targets a young black demographic while also being the number one provider of black American cultural and entertainment based programming. BET has hosted successful shows and award ceremonies honoring black culture throughout the years.
There are also some very successful black actors and actresses. One of highest paid actors in the film industry today is none other than Will Smith. As a matter of fact, nearly all of his films have grossed over $100 million. Denzel Washington has won two Oscars. He is one of the few black actors to have won an academy award and became the second in history after Sidney Poitier who won his in 1963.
Rap Music Is Huge
During the year of 2007, nearly 6.94 million people attended rap concerts in the United States. As of July 2011, rap was one of the most liked genres on Facebook in terms of college students as opposed to any other genre, garnering 314,540 likes. The hip hop demographic will annually spend $500 billion each year in terms of spending power. Jay Z earned his 11th No. 1 album on the Billboard 200 with The Blueprint 3. This allowed him to beat out Elvis, for the record of most number one albums by a solo artist.
People Celebrity Diversity
There are more than 45 million African-Americans living in the U.S., according to Census Bureau data. That?s about 15% of the nation’s population. There are other ethnic groups and cultures that now celebrate and embrace black culture and a diversified world. In 2014-2015, Floyd Mayweather was the highest celebrity earner, with an annual income of 300 million U.S. dollars. Beyonce has an estimated net worth of $450 million as one of the most successful female music artists in the world. As for her husband Jay-Z, his net worth is $650 million, which brings their collective wealth to $1 billion.
These are some of the facts in regards to today in entertainment.