However, he has broken a number of stories that have been picked up by mainstream publications, including many reports of actors who have appeared in gay porn (Simon Rex, for example).
Faye Dunaway has been a frequent target with a feature Billy calls "Fayewatch" - usually chronicling her diva demands and misdeeds.
The Internet Movie Database lists him as an actor in the film The Brinks Job and the television series Spenser: For Hire.
Masters keeps busy as a stand-up comedian and has opened for a variety of other comedians and musical acts, including Taylor Dayne, George Michael, Tiffany, Joan Rivers, the Pointer Sisters, Joy Behar, Eartha Kitt, and Grace Jones.
In May 2008, Billy Masters performed a limited run of "Going Out On A Limb: Confessions of a Hollywood Insider" at Chicago's Bailiwick Repertory Theatre.
It streams live on Tuesdays and Thursdays at 3PM Eastern on his YouTube Channel, Billy Masters TV.
During the first three weeks, his guests have included Fran Drescher, Jenifer Lewis, Charles Busch, Steve Kmetko, Andrea Martin, Marc Shaiman, Bruce Vilanch, Lainie Kazan, and many others.
For this season, shows are scheduled for Thursdays, with the occasional special Tuesday episode (Billy has another project that he is working on which has not yet been named).