Even though many people may loathe the industry of Hollywood news and Hollywood gossip, it is without a doubt one of the strongest industries in the United States right now. As of right now, the combined revenue for the latest celebrity gossip industry tops more than $3 billion per year.
Between the years of 2014 and 2015, Floyd Mayweather was the highest celebrity earner with an annual income of $300 million. This marks one of the largest trends in the industry of the latest celebrity news and gossip. Right now, black culture and black celebrities are covered more than ever before because it is so popular with consumers.
The first African American woman to be featured on the covers of GQ in February 1996, the Sports Illustrated Swimsuit Issue in 1996, and Victoria’s Secret lingerie catalog as well. She broke through the mold of an industry that was predominantly made up of white people. Here are more facts on the latest celebrity news and black gossip.
Black Culture Is Incredibly Popular Now
Some of the most popular and well-liked celebrities in the United States that spurs on the latest celebrity news are black entertainers. For instance, one of the film industry’s most highly paid actors and almost all of his movies have managed to gross over $100 million. This is one of many stats that points to the current popularity of black culture and black gossip news.
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. One of the most popular shows is the Oprah Winfrey Show which aired for nearly 25 seasons between the years of 1986 and 2011. It was put on nearly 120 channels and managed to reach an impressive audience of almost 10 million people!
Black Entertainment Television, also known as BET, is viewed in more than 90 million homes worldwide. As of 2010 it was the most prominent television network targeting young black-American audiences and was the leading provider of black American cultural and entertainment based programming. The rising popularity of this network is one way to back up the idea that black culture is huge in the latest celebrity news!
Rap Music Is Dominating The Latest Celebrity News
Within a period of 12 months before the spring of 2008, data revealed that nearly 7 million people in the United States went to Rap, Hip-Hop, and RandB concerts. Younger people absolutely love rap music and RandB and it is just as popular as ever before and is also arguably the most popular form of music going right now. Just take one look at the top charts and most, if not all, of the music listed is rap or hip-hop!
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. 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.
In Conclusion
As the years go on, the industry of covering ad providing the latest celebrity news is only going to rise and grow over time. This is because it is at the heights of consumption for most people and especially so with younger people. As younger people come forward with their own thoughts and preferences, there are bound to be huge changes that come along as well.
