VMA Awards 2015: Kanye West says he’s running for president

Fortune

At the 2015 MTV Video Music Awards on Sunday, Nicki Minaj sparred with Miley Cyrus, Justin Bieber cried on stage, and Taylor Swift and Minaj, who had been warring, hugged on stage.

But the show stopper was the speech that Kanye West delivered when he received the Video Vanguard Award.

Just as rumors that swirled all week suggested, Taylor Swift presented him with the award. Anyone who was expecting a standard acceptance speech from him didn’t get it, nor should they have expected one.

Instead of the standard “I’d like to thank my vocal coach” fare, the TV audience and those in attendance at the the Microsoft Theater in Los Angeles were treated to 10 minutes of free-form rambling, thanks in part to marijuana that West said he had smoked backstage “to get the edge off.”

West closed it out with the news that he will run for president in…

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Hurricane Katrina’s key players: Here’s what they’re doing now

Fortune

A decade has passed since Hurricane Katrina made landfall. For the people who lived it, the horror is surely still fresh, and for those of us who turned on the news from the safety of our homes to see an entire American city submerged, it still seems surreal.

The celebrity class found its way into the headlines. Actor Sean Penn paddled a boat through flooded streets to rescue survivors, and an obscure rapper named Kanye West appeared as a featured speaker on NBC’s “A Concert for Hurricane Relief,” saying, “George Bush doesn’t care about black people.” The rest is history.

The crisis also put a few people into the spotlight for the first time. Some who were already somewhat known became household names, while others became famous and were then forgotten almost as quickly.

Fortune presents a list of five people who became synonymous with the coverage of Hurricane Katrina…

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The revolving door at ABC’s “The View” continues

Fortune

Longtime fans of the ABC morning talk show “The View” will be happy to hear about the return of a familiar face to its cast. Comedian Joy Behar, one of its original panel members, is coming back for season 19 after leaving the show in 2013, ABC announced.

In 18 years on the air, “The View” has weathered its fair share of upheaval. Its panel of female co-hosts has included such strong personalities as Barbara Walters and Elisabeth Hasselbeck, who would verbally spar over the hot-button topics of the day, sometimes bitterly. But they always showed up for work the next day and did it all over again.

During the last couple of seasons, this has ceased to be the case. Some cast members have come and gone in less than a year, and harmony has not exactly reigned supreme behind the scenes either. Co-executive producer Bill Wolff has been…

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From prison to TV ads: 5 celebs who got big deals despite serving time

Fortune

Former Subway spokesman Jared Fogle is going to prison. He has agreed to plead guilty to charges of possessing child pornography and paying for sex with minors in exchange for serving a sentence of no more than 12 ½ years, and payment of $100,000 to 14 victims, a total of $1.4 million.

Fogle, who once weighed over 400 pounds, became a celebrity thanks to an advertising campaign in which he attributed his loss of 245 pounds to exercise and healthier eating habits, which included eating Subway sandwiches. It not only made him famous, it made him rich – in 2013 The New York Daily News put his net worth at $15 million.

That’s all over now. The heinous nature of his alleged crimes make it inconceivable that he could enter the public eye again once his sentence is over, and his chances of going back to being a…

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These female pop stars are 25 and under — and crazy rich

Fortune

According to the U.S. Bureau of Labor Statistics, young people entering the workforce face a slowly improving job market that still has a long way to go.

“From April to July 2015, the number of employed youth 16 to 24 years old increased by 2.1 million to 20.3 million,” the Employment and Unemployment Among Youth Summary released on August 18 said. “Unemployment among youth rose by 654,000 from April to July 2015, compared with an increase of 913,000 for the same period in 2014.”

While regular joes in this age group should exercise cautious optimism, one group of young people is doing great – female pop singers aged 25 and under. A cursory glance at your 11-year-old daughter’s YouTube account is lousy with Meghan Trainors and Iggy Azaleas, all of whom are making more money than the average employed youngster.

The data also shows that they’re probably doing better than…

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This movie studio is on a really bad losing streak

Fortune

Sony Pictures Entertainment has had an abysmal year at the box office so far. The studio, which is still living in the shadow of last year’s hacking scandal, has released only six movies in the first eight months of 2015, not one of which it can call an actual hit.

Rival studio Universal has already declared itself ruler of the summer box office, based on North American receipts of $1.3 billion, fueled by “Jurassic World” and “Minions.” Walt Disney is a close second with $1 billion, thanks to “Avengers: Age of Ultron” and Pixar’s “Inside Out.”

Both studios had their wet firecrackers. Universal’s “Ted 2” grossed $81 million and Disney’s “Tomorrowland” grossed $93 million; both performances that were considered disappointing. Still, those movies made more money than anything Sony trotted out this year.

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According to Box Office Mojo, Sony’s entire domestic box office take

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Riches to rags: Reality TV stars who lost it all

Fortune

In May, the TLC network suspended its hit reality series about the Duggar family, “19 Kids and Counting,” following allegations that the eldest of the 19 kids, Josh Duggar, had molested five girls, including his own sisters. In July, the network finally put the show out of its misery and cancelled it.

According to People magazine, who cited unnamed sources, the Duggars were being paid between $25,000 and $45,000 per episode in their pre-scandal days. If this is correct, then at a minimum, the family earned $5.7 million from the 227 episodes that aired. It was also good for $25 million in advertising revenue, according to The New York Times.

The financial status of the Duggar family is not known (and the TLC also announced it’s producing a “commercial-free” documentary about the family), but their status as major, multi-million dollar revenue fountains has almost certainly suffered…

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