The ongoing back-and-forth over the future of HBO and its parent company Warner Bros. Discovery calls to mind a line from one of the network's great recent series: the business magnate Logan Roy telling his squabbling children "You are not serious people.

He and Gunnar Weidenfels detail the blockbuster unbundling of WBD: Decision "reflects our belief that each company will go further and faster apart than they can together."

Subscribers to the company’s flagship streaming service, Max, watch HBO content, studio movies and older Warner Bros. series — and little else.