we have got lucas shaw, our reporter who covers entertainment. what do we know?u have two competing events, a bunch of movie studios who don't know when they will be able to release their movies in theaters. mgm has this movie that was in march.o be at sxsw it is starring a popular comedian. it is not a big enough movie, but they could use in fusion of cash. they start to shop it. then you have streaming services like never eggs and amazon -- like netflix and amazon that are hungry for big names so they will pay mgm enough money they make a profit and are comfortable letting it know. emily: i am excited about this one. we have got hamilton fans excited about the new hamilton movie hitting disney plus in july. this is a year earlier than it was supposed to be. how did that happen? >> another situation of a company trying to adapt to how coronavirus has affected their business. disney plus is unable to produce any new shows. disney was banking on having marble shows be the anchor tenants in the fall. they take a movie in hamilton which has old in audience and a lot

you had lucas shaw right about that on bloomberg. everyone is looking to bulk up on library now.hink that advantages what warner bros. is trying to do with hbo max. emily: let's talk a little bit about some of the other streaming competitors. that we are going to have to move on because we have to get to some breaking news. rich, thank you so much for your thoughts. we will continue this conversation off air, as i know how much we both love to talk about this. thank you ford, joining us. the house now has enough votes to pass a bill on sanctions regarding the new security law in hong kong that has been drafted by the chinese central government that has been so controversial and big knighted new protests in hong kong. we will continue to follow that story. thatime, space x canceling plan to launch, moving it to saturday. we will have more on that coming up. and we will be talking quickly about instagram, giving more autonomy to its creator. this is bloomberg. ♪ emily: instagram will now let creators profit directly from their videos, help popular users generate more income during