Homage

Homage is defined in the Oxford English Dictionary as

Acknowledgement of superiority in respect of rank, worth, beauty, etc.; reverence, dutiful respect, or honour shown.

My example of homage is the movie Across The Universe. It paid homage to The Beatles by putting their music in a movie and creating a pop culture hit honoring them and their music.

http://www.youtube.com/watch?v=D92Lyxj7U7Q&feature=fvst