we have a lot to talk about with been and our next guest is a front of beds, ryan kavanaugh.der and relativity media, one of hollywood's most successful movie producers and financiers. branching out to television, sports and digitals and with that could come in ipo. , ben, welcome. what does the new hollywood look like? what is your new role? >> that's a big question. first of all, thank you for having me today. i should say this morning, because it is 4:00 a.m. in honolulu. what does the new hollywood look like? i will answer from the movie level. all other studios but us are generally owned by very large fiscally conservative fortune 100 companies. when you look at where how they would was and where it started, , with ther studio exception of maybe some small independents that are not on the radar, but every major studio is owned by a fortune 100 company. ago, hollywood was about box office. there was no tv, no dvd, no netflix, no ancillary market. everything was judged on what the movie cost and what box office did and that's how the entire industry has been built and how

he and i will sit down with ryan kavanaugh, the true personality, the founder of relativity who saysany as much a chinese company as he does a u.s. one. he creates these box office hits for the summer. we need to find out what his formula is. >> i have just gotten into the office. >> where have you been? >> i never had time and i'm finally on netflix. i'm watching season three and i love it. >> we will put him in the hot seat and he will tell us what networks make the most sense. he has a new show tracking a latino audience. -- attracting a latino audience. , theyd that latino market will crack it wide open. -- i don't get it, personally. --an't believe people would they don't care that i think they are nonsense. are these youtube stars clawing ?o be the next george clooney's >> thank you so much, stephanie ruhle of "market makers." will scotland voted to break away from the u.k.? what is at stake? stay "in the loop." ♪ >> time for the global outlook. residents of scotland will vote next week in the country's first ever independence referendum. the consequences for the country's curr

ryan kavanaugh. tinder. stay with us. newsroom.ut to the julie hyman is "on the markets."ves. time for today's options insight. is baycrestith more partners' anshul agarwal. not much action overall in terms of movement. you are looking at the vix. interesting trade. the vix has been picking up. >> not really surprising. we are heading towards the fomc meeting next week. it is not surprising, the jump from 12 to under 14. there until the fomc. an interesting thing that happened this morning, someone was selling the vix september 18 x, an etfting the vx that loosely tracks vix, and b uying the 88 strike calls. >> why? >> vix options expire wednesday morning. selling those options that do not capture the fomc. in strike,re equal he is buying those and not paying any money. it is an interesting way to capture the fomc spike. >> which tends to happen. more volatility around those announcements. another stock that has been volatile is ebal. -- is ebay. that is because of the announcement of apple pay. investors questioning what is this going to meet for a company like ebay, whic