NEW YORK - The annual list of the 100 most influential stars has been released by Forbes magazine.

To generate the list, Forbes analyses celebrity earnings, plus media such as Google hits, press mentions, TV/radio mentions and the number of times an A-lister appears on the cover of 32 major consumer magazines.

This year talk show queen Oprah Winfrey has knocked Tom Cruise off the top spot as the world's most powerful celebrity and jailbird Paris Hilton has dropped off the list.

Golfer Tiger Woods ranked second while singer Madonna was No. 3 on the list, which aggregates earnings and media presence to evaluate a celebrity's power.

Winfrey jumped two spots on the ninth annual list, released on Thursday, with earnings of US$260 million (NZ$347m) from various media ventures. Woods moved up from No. 5 but made less than half Winfrey with US$100 million in the past 12 months.

Lea Goldman, editor of the Forbes Celebrity 100 Power List, said Winfrey's ranking was no surprise.

"She is pretty much a top five perennial, just based on her earnings alone she usually ranks up there," Goldman said.

Madonna was not in the top 100 last year but Goldman said she made the new list after becoming the highest grossing female artist in history with her Confessions tour and for hitting the headlines by adopting of a baby boy from Malawi. Her earnings for the year were US$72 million.

The Rolling Stones, who Forbes said earned US$88 million this year, took the fourth spot, slipping from No. 2 last year.

After making the Forbes rankings for the past three years, hotel heiress Hilton was off the 2007 list. Also not making the cut were two other young women with party-girl reputations -- actress Lindsay Lohan, who has not made the list since 2005, and singer Britney Spears, last ranked in 2002.

"We look at celebrities as brands and when you talk about those girls, you're talking about diminished brand value," Goldman said. "It's not enough to just be a headline, and it's not enough to pocket a paycheck -- you have to have both."

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Cruise dropped to No. 8 from top spot last year, yet still showed his power by securing a deal with Metro-Goldwyn-Mayer Inc. to revive United Artists movie studio just months after his bitter split from Paramount Pictures.