HBO Max was renamed Max, and Warner Bros. Discovery lost subscribers::Warner Bros. Discovery lost 1.8 million subscribers in the second quarter of 2023 following HBO Max’s rebrand to Max. The company now has 95.8 million subscribers across all of its services.
I imagine executive meetings with people rambling about (an already well established) brand cannibalizing (what could become, if everything goes perfectly, an equally or even more recognized) brand. Basically, throwing away what you have for what you could have in the future.