Key TakeawaysWarner Bros. Discovery is considering spinning off or selling its Warner Brothers movie studio and Max streaming service.WBD shares have fallen by roughly two-thirds since the 2022 merger between AT&T's WarnerMedia and Discovery.The stock rose nearly 2% Friday as investors considered the ramificiations of a spinoff. Warner Bros. Discovery (WBD) stock rose Friday, lifted by a a Financial Times report saying the company might separate its movie studio and Max streaming service from its legacy TV ...