A few months ago, we took the next step and moved Xandr to WarnerMedia so we could accelerate our progress in building software-based entertainment platforms supported by both subscription and advertising, like the AVOD version of HBO Max we plan to launch next year.
Utilize the input text as a context reference, choose the right relationship between 'WarnerMedia' and 'HBO' from the options.
Options: subsidiary, owned by, employer, business division