Warner Bros. Discovery just announced a shocking move — here's how it could impact HBO Max

Warner Bros. Discovery (WBD) just announced that it’s getting a divorce — sort of.

Today, the media giant announced it was splitting itself into two publicly traded companies (h/t The Hollywood Reporter). It’s a move we’ve recently seen done by Comcast, which is spinning off a significant number of its linear cable networks into a new company called SpinCo.