Right now, the combined revenue for the celebrity gossip industry has managed to break through to $3 billion per year. This is impressive, to say the least, and points to the popularity of urban news, celebrity news, and black gossip. People love celebrities and love consuming the news that surrounds them as well!
Harvard Business School conducted a study in the year of 2011. This study revealed that when a company signs a big-name endorser, it can increase their sales by nearly $10 million every single year and a .25% increase in stock returns as well! So this is just one stat that points to how much people care about the latest celebrity news and black gossip.
Tyra Banks is 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. She broke th (more…)
29 May 2018