Entertaiment — the clown at a birthday party, the Broadway show, the stadium rock concert, or your friends fighting over the last potato chip — is something that gives pleasure, diversion, or amusement. The word entertainment comes from the Old French entretenir, from the Latin inter-“among” (from Latin inter-) + tenir (“to hold”). It is associated with hospitality because entertaining guests is part of hospitable provision for their needs and wants. The suffix -ment is common to English verb stems such as amazement, betterment, and merriment.
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Business is down for a lot of the big companies that used to make money providing entertainment, but it isn’t all doom and gloom. New technology has opened the door for many independent recording artists, filmmakers and other entertainers.