Do you like to visit Black gossip sites for celebrity news? When you enjoy learning about the latest entertainment news along with your urban news, chances are that you have a favorite Black gossip site and television network.
Do you watch Black Entertainment Television, for example? Currently, this network is viewed in over 90 million homes across the globe. In 2010 alone, it was the leading provider for cultural-and-entertainment-based programming for young, Black-American audiences.
Did you know that Beyonce is among the most successful female music artists throughout the world? She has an estimated net worth of $450 million. Her husband, Jay Z, has a net worth of $650 million. Together, they are definitely a power couple with a combined net worth of $1 billion.
Speaking of Jay Z, were you aware that he had more number-1 albums by a solo artist than Elvis? His 11th number-1 album on the Billboard 200 was The Blueprint 3.
Do you participate in your favorite celebrities’ causes? People within the 18 to 36 age bracket tend to participate more often than the older generations. Roughly 27% of the individuals within this age range do so. The older generation, however, engages in these less often, with only 10% of people 68 and over giving support to a celebrity-inspired cause.
You’re probably aware that when a celebrity endorses a product or service that it can make a significant difference in sales revenues. The Harvard Business School conducted a study in 2011 that found when a company signs up a big-name endorser, it can increase that company’s sales by $10 million. Furthermore, it can also increase stock returns by 0.25%.
Spending by Hip Hop followers alone is substantial. Every year, this demographic spends $500 billion on everything from music downloads to apparel. If you’re also curious about the celebrity gossip industry’s combined revenue, you probably won’t be surprised to learn that it tops $3 billion every year.
When you follow a favorite celebrity or are curious about the entertainment industry at large, you can learn quite a bit of news at popular Black gossip sites.
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