HBO Max will be part of a new company led by David Zaslav alongside the Warner Bros. film and TV studios, with the linear TV networks spun into a new company to be led by Gunnar Weidenfels.

UPDATE: The flip is done. Scroll down to see a new HBO Max marketing spot announcing the return to the streamer’s original name, after two years as “Max.” Warner Bros. Discovery has settled ...

Max’s “ And Just Like That ” will return for season 3 on Thursday, May 29, and HBO’s “Gilded Age” will return for season 3 on June 22. Neither show has yet been renewed for season 4.

Not even a month after declaring that Max would soon be HBO Max again, parent company Warner Bros. Discovery has announced what pretty much everyone in the industry could see coming: a breakup.