Whether you’re reading about your favorite celebrity’s latest crush, looking for paparazzi photos or looking for the scoop on a private party, people love catching up on Hollywood news. In fact, the combined revenue for the celebrity gossip industry tops more than $3 billion per year. There’s no denying that celebrities and all that they do can influence the lives of many people. A 2011 Harvard Business School Study found that a big-name endorser increases a company’s sale by $10 million annually and leads to a .25 percent increase in stock returns. Additionally, celebrity-induced support for causes tends to be…
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Whether you’re reading about your favorite celebrity’s latest crush, looking for paparazzi photos or looking for the scoop on a private party, people love reading celebrity gossip. In fact, the combined revenue for the celebrity gossip industry tops more than $3 billion per year. There’s no denying that celebrities and all that they do can influence the lives of many people. A 2011 Harvard Business School Study found that a big-name endorser increases a company’s sale by $10 million annually and leads to a .25 percent increase in stock returns. Additionally, celebrity-induced support for causes tends to be higher among…
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Are you up on all your celebrity news? The celebrity gossip industry is currently worth $3 billion, and it looks like that number isn’t going down any time soon. Keeping current celebrity news in the public eye isn’t the easiest job in the world, it turns out, and there’s a lot of competition in the arena. Here’s everything you need to know about the celebrity news industry. Celebrity News Can Do Some Good Among younger American adults (those under the age of 36), having a celebrity endorser for a charity or cause tends to increase donations and support. Nearly 30%…
